coeur down again ...

Last night the HUI rose a little.

Coeur managed to be the second worst performing stock on the HUI, down 7 cents to US$3.76, only 30 cents above its low for the year.

To top that off the AUD strengthed about 0.5% against the USD.

So to sum up .. Coeur weakens in US dollar terms while the Aussie dollar strengthens against the US dollar.

The terms agreed to by BSG Management, who now have Coeur managing their project before the formality of a shareholders vote, did not have any get out clauses for:

1. A fall in the Coeur share price.
2. The US dollar falling against the Aussie dollar.

Is it just me imagining it, but has there been a sparcity of drilling in locations likely to produce sensational results in recent times?