The converts were placed with hedge funds who delta hedge the embedded options by shorting varying amounts of common stock. The short interest is not reported investor-by-investor. The placement of the converts is known to me through personal interaction with members of the selling group and funds who engage in this strategy. Not knowing much about you and your affiliations, I do not know whether you have access to any further verification.

you have not given us one piece of hard data to substantiate your claim that the short interest is due to convertible bonds. that sale closed in february, and you are claiming that no one else has shorted silver standard in the past three months. for all you know, i could have gone short last week.

are you recommending that we sell silver standard at this level? are you advising us to short the stock? do you have any interest in this company at all?