RE:RE:RE:RE:RE:18% up, but debt?Why are the streaming deals evil? Most of us shopped for a mortgage when we decided that we would pay extra in order to own a home sooner than later. I don't think any of us decided to go with the bank that offered the highest rate. As for loansharks, there is a big chance that people who use them have no other options and they really want the money.
If you believe in management, you have to believe that they got the money to build the mine under the best conditions possible. So they either could not get a conventional loan or the streaming deal was better than the alternative.
And hedging? You can look at it in two ways, it is either limiting the profit potential or it is eliminating the risk that your operation might face.