Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 12.91

+3.0%

Oct 30 3:59 PM EDT

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To: posthumousone who wrote (595)	10/2/2010 8:54:02 PM
From: posthumousone	of 629

the more i think about it why wouldn't HL actually be a takeover target...i dismissed the idea at first, but a NEM, GG or ABX could takeover HL and almost corner the gold and silver mkt. im looking forward to earnings nov 1. they will use x amount of cash on exp and dev x amount on some aquisition (better be all cash deal) even if they use up all cash, by this time next year (assuming same silver prices) they will have more cash then they do now with more silver. the preferred shares will be out of the way to in jan. this ongoing steady stream of income also sets the stage for dividends some time next year. Although I would prefer a share buy back.

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