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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: littlebitmoore2 who wrote (63291)2/5/2009 9:38:44 AM
From: loantech  Read Replies (1) of 78421
 
Ann I am not sure you can receive private messages so here is what I just sent HL. Jeanne is the new IR person now that Vicki is gone. I was responding to a prior email message.

Hello Jeanne,

Thank you for your answers. I am sorely disappointed in the management of HL. Mr. Baker should resign.Please read this statement he made in the earnings report for the 2nd quarter last year. Please forward this to him. I expect an email response or phone call from him leaving a message. My number is 503-xxx-xxxx. Since some of us work for a living I will need a number I can call him back at and a time. Outside of my work hours of 8:30-4:45.

Here is the statement:
<As part of the financing for the acquisition, Hecla had put a $220 million bridge loan in place. The Company is currently examining a number of options to retire the bridge loan. Baker said, “Hecla has a history of carefully controlling dilution to shareholders. I continue to believe that is an important factor in managing our business, so we are considering all our options, including deferral of capital expenditures, to retire the bridge loan.”>

Since that statement counting new shares and warrants HL has increased their stock float by almost 80%. That is an outrage and considering his statement above that statement is an outright lie to shareholders.

Very Disappointed shareholder,
Tom xxxxx
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