Hi Colin,

Glad to have you here.

I would like to explain the "options" remark.

First, like an option, Silver Standard is leveraged to the underlying vehicle (silver in this case).

If silver goes up, Silver Standard (in general) goes up a higher percentage. The reverse is true also.

I disagree with your statement that "An option doesn't get hurt if the price goes down. "

As an investor in options, I can assure you that an "in the money" option gets hurt (at a higher percentage rate) if the underlying vehicle goes down. And Silver Standard is like an "in-the-money" option as far as price action is concerned.

Does that clarify somewhat?

revenant_10