hwan_kwon, when people smarten up and start demanding physical silver instead of holding useless paper contracts worth useless FIAT currency, then my friend, we will see $50 silver.
That is why CDE is worth 3x what it is trading at.
Of course, mgmt could be doing better, but having said that, paying down debt and still adding a little cash to the bottom line in this economy is a prudent thing to do. Isn't that the same thing people are trying to do now? How can people spend, or take on new debt, when the Gov't is spending all the money? Remember, every dollar they spend is a dollar someone in the private economy has to give up. Well, at this point it's the future generations money. Now, how criminal is that?