You must have missed something in the press release (which was later repeated twice in the conference call)

Silver Standard is asking for "no hedging of production" in arranging project financing.  This point was made quite strongly. 

I think Silver Standard is adhering strongly to the principle of exposure to the price of silver, both on the upside and on the downside.

I think that they understand that a large majority of their investors are invested primarily as a play on silver, and not as much on the company itself (although they like the company too).  On that basis, the stockholders (including myself) have made it quite clear that they wish the company to remain unhedged.

The company seems to "have gotten this message" and seem to be sticking to it.