How good are Coeur Management? At this stage I am unsure. The...

How good are Coeur Management? At this stage I am unsure.

The following, if correct, does not impress me.

It puts a different spin on Coeur's Management skills to what BSG have told us in the merger announcement.

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"You are not going to believe this ....but Wheeler had let the cash per-ounce cost of digging silver out of the Galena run up to $16 per ounce and he wasn't bothering with the dollar-a-pound lead. Achtung, as our Swiss friends might say: Sixteen Dollars Per Ounce! And this was not some one-month aberration - Coeur d'Alene Mines had been screwin' that pooch for two years!..."

Full article at http://www.freemarketnews.com/Analysis/39/7372/david.asp?wid=39&nid=7372