Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 23.13

-1.4%

Feb 4 3:59 PM EST

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To: Michael Markham who wrote (59)	5/13/1997 2:05:00 AM
From: John Swallow	of 629

Michael, Art Brown (Hecla President) said that Grouse Creek was put into a care and maintenance program and he also said something about the reclaimation fund being used. I assumed the money set aside for the environmental concerns had to be dealt with once the mine was idled. The stock looked strong in a.m. but pulled back in the afternoon. It seemed to follow silver closely. I never really looked at it as a direct reflection of silver but today it seemed to correlate real close. The volume also seemed to be up and it traded quite a bit early on and dropped off as silver went lower. Sharing the information was no problem, I've been talking about mining/silver stocks since I was a kid. Anyway, good luck. John S.

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