ccu=cash cow united, page-20

I would rather hedge a small amount than do any Cap Raising any time! In fact adding more shares to a company is the worst thing but unavoidable in most cases. A small tight share register is so much better for higher dividends, higher share prices and a case to stop a hostile takeover. Look at AYN with a huge share register, when their 30cents we will be over $2.

Also we sell in Aust $ so it's good to cheer the US silver price going higher but it's the little Aussie battler now dominantor to watch. In the Entiltlement Offer it state as a RISK the greater differential between the US $ silver price against the AUST.