Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 23.46

+8.8%

11:52 AM EST

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To: Terrence Von Holidae who wrote (76)	9/29/1997 3:01:00 PM
From: Roebear	of 629

Terrence, after holding HL at average 5 3/4 it is nice to be in the + zone for awhile. I believe you are quite correct in your chart interpretation. There are a lot of HL holders in the $6.50-9.00 range who are too stubborn to sell but maybe too disappointed to average down. IMHO, after being in the belly of the bear for so long, HL is a little slow out of the blocks, though it had a fair run today, 5 3/4 was resistance. If silver maintains it's upward climb HL will catch up just as soon as folks get done being stunned by it all. Your opinion on silver price momentum? Roebear

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