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Gold/Mining/Energy : Hecla Mining(HL)

HL 21.31

-7.9%

Feb 5 3:59 PM EST

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To: saul mikaliukas who wrote (54)	5/9/1997 1:28:00 AM
From: John Swallow	of 629

All; I was informed that Hecla is having a meeting in the Silver Valley in North Idaho tomorrow. It's being held, in part, to inform everyone of their decision on the Gold Hunter project and other projects. The word is that the Gold Hunter this is a very large and rich find (silver and lead) and the costs should be fairly low for production. Its about time Hecla headed in the right direction. I also heard from a party involved in the nearby property that the Gold Hunter is for real and could go a long way towards turning Hecla around; I guess we will find out fairly soon. I know it has a number of people starting to get excited about Hecla and the little juniors near it; something I haven't seen in a long time. Anyway, lets hope Hecla does this one the right way. I own some shares and am also a broker. I'm not sure if I had to inform of that but with some of the paranoia around I didn't want to seem like I was hiding anything. I will post the news from tomorrow's meeting when I can. Good luck. John S.

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