Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 23.46

+8.8%

3:59 PM EST

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To: Terrence Von Holidae who wrote (78)	9/29/1997 9:34:00 PM
From: Roebear	of 629

Terrence, Thanks for the reply. Silver, after having run up to $5.11 on EBN now may be dipping below 5. Hard to say as I am getting different quotes from EBN, Kitco etc. I believe as long as we do not dip below 4.85 for any length of time (say more than one close) this bull will run, at least for silver. Of course without firm or better whites and at least some participation (say50% of percentage move) by gold then the run is limited for now. This IMHO from charts, three years above ground supply and dwindling,etc. Nothing fancy. HL is in a good position to take advantage with their increased production and lower total costs. I agree with El Nino (how do I get that thingy there?) and the markets. I hear this sucker is so big it may not give the usual E.N. effect, maybe somewhat different. Your opinions/criticisms welcome.. Roebear

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