i think this one is nearly dead ., page-12

This play hedges on a reversal in the price of silver. The Euro zone will be bailed via the $$$ press so look for the inflationary pressure on all pm's. The key to entry here is where is the bottom for silver and other commodities imho. $26 is critical support for silver my personal view is it will not hold given the global flight to cash. But when a bottom is in AYN will be hard to resist.
How much production did they hedge please?