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Gold/Mining/Energy : Hecla Mining(HL)
HL 25.22+5.9%3:59 PM EST

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To: pcyhuang who wrote (181)12/17/1997 12:46:00 PM
From: Terrence Von Holidae  Read Replies (2) of 629
 
Paul:

Re:HL

This buying is reaffirmation of value percieved several months ago when initial inisider transactions began.

The extent of the metals bear- market, the depth to which it has aspired, and the near-panic selling it has universally inspired, heralds a nifty bit of a bull-run ahead. Not only for the likes of the well managed proxies of gold and silver, like Hecla and Barrick Gold, but the entire group of mining issues. It should come as no surprise that this bull-run also toll the beginnings of a protracted bear market for most other financial proxies: much of the larger universe of other traded equities. For this situation must accompany any durable shift in performance in any markets.

Yours, T.V.H.
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