Win us with honest trifles

Coeur (CDE) and doublethink

Let’s check the dictionary first:

dou·ble·think  [duhb-uhl-thingk]  
nounthe acceptance of two contradictory ideas or beliefs at the same time.
Origin: double + think; coined by George Orwell in his novel 1984  (1949)

And now, let’s move to today’s NR from Coeur (CDE) which contains this lead paragraph…

Coeur Mining, Inc. (“Coeur” or the “Company”) (CDE) announced results from a feasibility study on the La Preciosa silver-gold project located in Durango state, Mexico and announced the Company’s decision to defer construction activities at this time.

…and then this line:

We consider La Preciosa to be one of the best silver projects in North America

So c’mon world, ‘splain me how those can live next to each other without resorting to doublethink or calling its officers total fuckwits.

If they’re deferring construction, it’s not economic.
If it’s not economic, why is it one of the best silver projects?
If it’s one of the best silver projects, build it already!
If they’re not building it, it can’t be economic
(I could continue)

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