Nice link. In another post I mentioned the fact that the over-allotement was exercised as being particularly bullish for silver. I think some people forget that everytime Sprott does an offering there is a large institution or two on the other end buying those shares. In return Sprott goes out and buys physical silver for the trust so it's not your typical dilution. The fact that Margan Stanley and RBC elected to use an additional $20 million to aquire shares of PSLV shows their confidence in the price of silver going forward.
I'm sure there is an idiot or two on this board that would disagree.