Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
Stockchase Opinions

Peter GrandichCoeur D'alene MinesCDEBUYJan 28, 2005

Feels that gold will go up and silver will follow. This company is good. Also likes Silver Standard (SSO-T).
$3.54

Stock price when the opinion was issued

$17.20

As of Jun 12, 2026. Market Open.

precious metals
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY

Now is a great opportunity to buy miners. CDE has updated estimates which has triggered street upgrades. They just bought New Gold, which will improve margins.

PAST TOP PICK

(A Top Pick May 24/12. Up 42.03%.) People still think of silver as an industrial metal but he believes it is money. In the weakness of the US, European, China slowdowns it got a bad sentiment holding it back. With China slowly ramping back up and US, hopefully, not hobbled by changes in policy, the economy should actually start to move forward and silver should do very well this year.

COMMENT

The best time to own silver stocks is from January to March however, November can be fairly decent. This stock has recently broken through a level which is fairly positive. The next resistance level is $37.10.

PAST TOP PICK

(A Top Pick Nov 1/11. Up 20.21%.) Loves this one and would be happy to put it up amongst the Top Picks.

TOP PICK
Primarily a silver producer and one of the largest on the planet. Doing 19 million ounces right now. Also do 220 thousand ounces of gold. Trading at about 6X next year’s earnings. Have been on a major build out over the last 5 years. Dirt cheap.
TOP PICK
Have gone from about 10 million ounces 5 years ago to 20 million and will make about 500 million EBITDA this year. Trading at about 4-5 times EBITDA. Cheap. Expecting a dividend next year.
DON'T BUY
Under performs the commodity early in the winter. Silver stocks have corrected significantly. He prefers Silver Wheaton. Can’t find many precious metals he would own.
COMMENT
In the mining sector you want to know what mines are being brought on line. Be he doesn’t know this company right now.
HOLD
Likes gold and silver longer term. Owns the silver iShares (SLV-A) and complements this holding with stocks like Coeur D'alene (CDE-N) and Scorpio Mining (SPM-X).
BUY
A great silver play.
HOLD
A silver stock. The assets are mediocre and there's a lot better value elsewhere in the silver sector.
PAST TOP PICK
(A Top Pick Feb 25/05. Down 9%.) Still likes. Gold/silver stocks have been in a corrective phase making big tops around December03 to February/04.The low in the $2.75 area is probably its low. Would still buy.
TOP PICK
The Gold/Silver Ratio Chart favours silver over gold. This is a senior stock. Had a potential big double bottom in 2004. Need to get through its November high. There are going to be loaming silver shortages in the world.
BUY
Likes gold as he feels it will have an attraction to people in China and India down the road.