Curtis Hesler ".. points out that the company (Coeur) is the largest U.S. silver producer, but that it had matured to the point that their reserves were decreasing and their future growth prospects were not bright ...
"This is a big deal....if the deal goes through, it will put CDE "back on a growth path." He notes that the prime asset in the acquisition is the Palmarejo Project in Mexico....
He states, "In some respects, the deal does look a little like Jonah swallowing the whale, but CDE needs this acquisition. Although the respective boards have agreed, there will still be a stockholders' vote at each company. I don't envision a problem."
