These shares have been lagging Hecla (HL), Silver Wheaton (SLW) and to a lesser extent, Pan American Silver (PAAS). The shares were also slow to move in the late-September rally. Still, I expect these shares to participate in the silver stocks rally.

Corporate Profile:

Coeur d' Alene Mines Corporation (NYSE:CDE / TSX:CDM) is the world's largest publicly traded primary silver producer and has a strong presence in gold. In 2005, the Company produced almost 14 million ounces of silver and more than 130,000 ounces of gold at a cash operating cost of approximately $4.26 per ounce of silver.

Coeur has one of the largest silver mines in the U.S.; two expanding low-cost mines in southern Chile and Argentina; two low-cost mines in Australia and two advanced development projects, in Bolivia and Alaska. Coeur also owns large land positions around its two South American mines, where major exploration is ongoing in 2006.

The Company has no silver or gold production hedged.

Internal growth projects already in place have the potential of significantly increasing silver and gold production. At January 1, 2006, silver reserves totaled 221 million ounces, an increase of 13% from the previous year, and gold reserves of 1.3 million ounces.

Analyst Notes from a Wall Street analyst:"

"We expect Coeur d'Alene's third quarter production to be flat to slightly down from Q2 levels as the company's Rochester operation may have been negatively impacted by increased rainfall in Nevada. We expect the company's Cerro Bayo and Martha operations to perform in-line with Q2 production levels. We note operations at the Endeavour mine in Australia continue to recover slowly from the crown pillar failure that occurred in October 2005. We expect Q3 production from Endeavour to be flat to slightly up, with a greater improvement expected in the fourth quarter. For Q3 we forecast EPS of $0.07, in line with consensus."

(CDE: Yahoo Finance file)
(CDE: StockChart chart)
(CDE: Investertech chart)
(CDE: ADVFN Financial Data)
(CDM.TO: Yahoo Finance file)
(CDM.TO: StockChart chart)
(CDM.TO: Investertech chart)
(CDM.TO: ADVFN Financial Data)
Coeur d'Alene website
Coeur d'Alene - DGF2006
Coeur d'Alene - DGF2005

Silver spot chart (Interactive link)