Just to avoid any misunderstanding of my previous post:

So Rick Rule says the following:

"This brings me to my second point, Eric: For quite some time companies have not been willing to give fair private placement terms. For every one of your readers who are private placement investors, just in the last two weeks I have seen the first signs that the issuers have been willing to take capital on reasonable, as opposed to unreasonable, terms.

It was my suspicion, Eric, that the entrepreneurs behind the gold and silver mining shares are incredible optimists. They came to believe that the terms and conditions they enjoyed at stronger metals prices were normal conditions, as opposed to optimal conditions."

I would like to counter that and (in fact) give my support to AUMN Management's recent decisions:

My advice to G&S mining companies: try to sit this difficult pricing period out for another 6 months without any new placements, otherwise you may have made the worst share issuance deal for the next 10 years once again. Just what these predators (short and naked short sellers) have been steering at.