Ann: Quarterly Activities Report , page-8

coming out of the silver hedges obviously will be good for pem but what happens if they decide to do another capital raise to pay for exploration that is something we all need to be scared of. i cant see the Chinese stopping and worrying about the sp all they care about is supply of product and will keep expanding regardless of cash flow and with the current low metal prices push the company into more and more debt.

if you disagree please let us know why.