IKN

idle and fond bondage

Bear Creek Mining (BCM.v) should hedge silver production today…

…right here right now at U$25/oz Ag. And they should go large on the hedge, no messing, straight for the jugular with 100% of the first 10 years of silver covered at the price (a seemingly endless row of calls and puts placed on the line) and every ounce produced at Corani therefore sold at U$25. 
For sure it would ruin the share price, but it’s about the only way the mine will ever be built and shareholders will have to realize it’s not worth this market cap at some point, anyway. It’s best to be realistic.

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