Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 14.61

-1.5%

Nov 14 9:30 AM EST

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To: long-gone who wrote (257)	2/3/1998 1:26:00 PM
From: Terrence Von Holidae	Read Replies (3) of 629

Richard: The question is not relevant. Very few mining companies are currently operationally profitable, much less showing net profitability. Assets proven and probable will be dynamic factors as gold recovers in price in a concern's valuation. Superior management ia also very important in mine permitting, execution and recovery, reclamation and final disposition of depleted assets, and ability to find new deposits and attract capital for projects. Finally, differing industries with differing assets are valued differently. Yours, T.V.H.

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