RE:RE:Hedging in a zinc bull market is bone headed Garhut, just because you own a stock does not mean you have to kiss management's butts. I have pointed out valid concerns with management decisions. Do you really agree with printing 243M shares and warrants when the company is supposedly profitable?
I own this stock because it is undervalued relative to the price of zinc. Can you point out another zinc stock that represents a better value? I would be happy to invest in any zinc stock that offers a better value, but I have been unable to find one.
Even though this stock offers value, management has done everything in their power to take that value away from shareholders. The 30% dilution, opening Caribou near breakeven, hedging production that does not need to be hedged. It is as if they are doing their best to put a cap on the share price. That is why they are bone headed.