If silver stays higher it makes FF's position better as FM would have the free cash flow to match any inappropriately low bids for the company. Or it could allow them more flexibility to JV with FF.
Glad to hear you have your stack squared away. I would think most of us on this board probably do to the extent our budgets allow it.
September/October would not surprise me as it is the end of the fiscal year for the federal government. If I remember correctly October has had a few major drops in the past. Some politicians are already calling for 10 to 20% cuts in some agency budgets and/or the elimination of 1 or 2 agencies (the EPA continues to be a target as well as Education, Energy and Labor to varying extents). While I do not see agencies being eliminated, I would say there is certainly a chance of merger/combination. HHS, Education and Labor used to be under 1 umbrella and it would not surprise me if they return under 1 umbrella. This would likely result in big cost savings but would increase unemployment and result in less spending by anyone who is let go. But what good are cost savings when our reps are throwing money out the window on many other things?