usa.v - Alpha's point is the major factor, legal situation gave Hecla the edge, they had em screwed fair and square ... big jump for Independence holders, from pinksheets to NYSE
But one thing this means is that usa.v won't be weak from the trepidation that comes along with holding an acquiror when they're in gobble-mode ... as for numbers, all i recall is that they're pretty healthy, it was a brilliant move to hedge half the lead at 1.55, probably now the market is waiting to see how they execute - if those numbers are borne out, we'll do fine
All silver plays are scraping bottom, there is no conviction, no following of the metal, same as in golds but more so ... look at Genco, pretty cheap [see how they bought a ball mill, i don't hold a share but have been thinking about it] ... seg.to - same price range as usa.v, crazy when you consider their situation, share structure, cash position, etc ... there has to come a general shift before we get any reward out of this business, obviously Hecla saw value and pounced, but they're ahead of the herd |
