Q: Hi Peter and team,
I would like your thoughts about Coeur d'Alene's purchase of Orko. There are three options on the table for shareholders to consider: A)70cents cash , 0.0815 of a common share of Coeur and 0.01118 of a warrant to purchase Coueur shares at $30 doallars for each Orko share B)To receive 0.1118 of a common share of Coeur and 0.01118 of a warrant to purchase a Coeur share for each share tendered (subject to proration) or C)Cash and Warrants (subject to Proration) to recieive 2.60 in cash and 0.01118 of a warrant to purchase a Coeur share for each share tendered.
I would be making a tiny profit on option C and Orko was my only exposure to the Silver mining sector at this moment.
Which option would you recommend and why? I guess your opinion about Silver prices going forward, and Silver miners (Couer)in general, would be needed to help understand your perspective.
Thanks in advance,
Arturo
I would like your thoughts about Coeur d'Alene's purchase of Orko. There are three options on the table for shareholders to consider: A)70cents cash , 0.0815 of a common share of Coeur and 0.01118 of a warrant to purchase Coueur shares at $30 doallars for each Orko share B)To receive 0.1118 of a common share of Coeur and 0.01118 of a warrant to purchase a Coeur share for each share tendered (subject to proration) or C)Cash and Warrants (subject to Proration) to recieive 2.60 in cash and 0.01118 of a warrant to purchase a Coeur share for each share tendered.
I would be making a tiny profit on option C and Orko was my only exposure to the Silver mining sector at this moment.
Which option would you recommend and why? I guess your opinion about Silver prices going forward, and Silver miners (Couer)in general, would be needed to help understand your perspective.
Thanks in advance,
Arturo