Yes, The miners have been shorted. ECU is @ Novembers PPS. Everyone has to consider that silver was around the mid 20's then. Where are we now? The more I think about it the more I feel that record profits shown on this years books will propell the mining sector. This is why I feel the summer doldrums may not play out as usual this year. Many producers will be reporting HUGE profits and I think this fact will boost the mining sector as a whole. When earning catch up to the silver price LOOK OUT! This is just begining to happen. There is always a lag in the miners with respect to spot price and pps. ATB, we have much in common my friend. Go ECU!!