Coeur d'Alene stock surges on lake dump ruling (CDE)

Posted in General 
June 22nd, 2009

Coeur d’Alene CP (NYSE: CDE) sharse are up more than 8% on more than three times average volume after a late-day analyst upgrade, following a decision by the U.S. Supreme Court that gave the OK for it to dump mining waste into an Alaska lake on federal land.
The court’s decision will allow the company to complete final construction of a gold mine the company hopes will produce 100,000 ounces a year.

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