Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 20.89

-11.8%

3:59 PM EST

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To: Bobby Yellin who wrote ()	8/4/1996 9:49:00 PM
From: James F. Hopkins	of 629

Bobby I follow it some , been some good news out on it latly, she moved from 5.875 to 6.75 kinda fast..I'll be looking at options monday..I'v been long on this one for a month or so i tried to catch it on the way down and have about a 7.25 average in it..tried to average down the other day but bid to low and she left me..if she dips again to 6.5 I'l average down again, commisions and all don't make me gain much on my average at this price..I have a target of 8.5 by Jan..maybe better..when her next quaterly comes out I think it's going to be a good one..but by the time thoes news reports get released it's just about to late..as the insiders already bought..I dont think this 14% jump last week happend by accident..somebody knows something.. I just wish I could have got that 6 bid, I was too slow..but sometimes thats the way I am..at any rate I'm not worried to much that I have 7.25 in her..in the course time I'm most sure she will pop back to 8, 9 or better..she found some silver that I think she can produce well below market, and is ahead of time getting a new mine opened up..by the time you read this you will likly have seen the news releases. jim

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