Is it time to buy CDE?
From today's earnings report:
65% increase in silver production to all-time company record of 3.9 million ounces
Palmarejo silver and gold mine commenced production on-time and on-budget
San Bartolomé silver mine performed consistently during first quarter
Operating cash flow during quarter of $6.8 million
Quarterly net income of $6.1 million, or $0.01 per share
11% reduction in general and administrative expenses
Consolidated cash operating costs of $5.67 per silver ounce
Total debt reduced over $100 million year-to-date
* Can anyone tell me why one should not load up on shares of CDE?