Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 17.54

+2.5%

Dec 2 3:59 PM EST

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To: Bilow who wrote (89)	10/16/1997 5:54:00 PM
From: Roebear	of 629

Carl, Like its a surprise when there is a reply! I have heard a "rumor" of a 200 ton gold sale by a CB from a trader who is usually pretty reliable and admittedly short gold. Not that I take every one's word on the web! It just happened to fit with some other views I have heard from some TA people and my own view of gold and silver price action last few days is they are a little sick. I sold half my HL position today just before the silver drop, for a very small profit, I hope to buy that position back and then some for less. If I'm wrong oh well, but I am holding onto the other half. I have faith in silver not much in gold. Actually this is also part of a portfolio readjustment I am making at this time and not a condemnation on HL, just a general reflection that I think the metals are heading down short term and I am getting together dry powder. So what are you up to? Your views on the metals? Its not like we are using up the bandwidth here! Best regards, Roebear

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