I know you're long. I think this is still a great play, and a great opportunity. I do agree with you that I'd rather them not have to give away future production...however, the alternative I fear would've been much worse and would've resulted in many of us losing a lot of money.
One thing that I see as promising is that they always seem to work their way through their deals. I'm hopeful that this is the case with some of these longer term deals, in that when they really get on their feet and gold goes to $1500+ like we expect, then at that time they can buy their way out of (or at least restructure) their deals.
As I recall, the deal announced last February (signed in April, I believe) had a buyout clause. I just want them to address their debt and payments first.
