"Since CDE's RS announcement the shorts have been reduced somewhat but the real proof of what you're saying will have to wait until after the RS actually takes effect..."

Official shorts have decreased from around 80 million shares to 20 million shares. Naked shorts are a question mark. They may be partly out, but I think they are still in big time, given the dirty war started by the media (Forbes Magazine).

The decision on the R/S will be taken in Coeur's Annual Meeting early next week and, if accepted, then all will depend on the date they choose for the R/S to take place.

However, with a fast increasing price of silver the odds are that it will turn out to be a good move by Coeur Management.