Replies to post #4002 on Americas Silver Corp fka USAPF

[Montanore]

I don't like hedging. It's one of the reasons I bought US Silver. Parker could have waited for much higher silver prices, at least. But I know he runs the company in a lean and conservative manner and wants to lock in guaranteed good cash flow. And it's a partial hedge.

I'll hold. I can live with it.

[eom7]

18% of next years production @ 30 yr highs... is hard to argue.
Especially for a small co. w/ limited funds.

They just locked in $14MM in Revenue

Hedging sucks... especially when the spot price pass your hedge, which it will, but this probably means no further dilution!