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Topic: Reserves of CDE  (Read 18 times) previous topic - next topic
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Reserves of CDE

Below this link, interesting article about CDE reserves. If CDE is not cheap with an estimated PE of 19, on the other hand at the level of reserves, the capitalization ratio is lower than the peer average and each gold equivalent is valued at a little over $ 300 which seems reasonable to me. It goes without saying that it is only in the event of a significant rise in the price of gold and silver that the valuation against reserves would become more instructive. It should also be remembered that CDE has significant inferred resources with also zinc and lead at Silvertip!
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