Image: Palmerejo gold and silver complex in Mexico Source: Coeur Mining
Investment Thesis
The Chicago-based Coeur Mining (CDE) fits perfectly the profile of a gold/silver producer with a gold sale representing 71% and a silver sale of 26% of the total revenue this quarter.
The company operates five North American mines, with Palmerejo and Kensington mines as leading producers, and the Silvertip mine is in a tedious ramp-up phase.
The investment thesis is quite simple. I recommend selling about a third of your position as soon as possible and depending on your gain.