Hecla Mining(HL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Hecla Mining(HL)

HL 14.61

-1.5%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Roebear who wrote (268)	2/5/1998 4:29:00 PM
From: Quentin Bassett	Read Replies (1) of 629

Hecla investors, I noticed their lack of earnings report is out today. At the end they mention a hedge position of 2mill/oz of silver at $5.60. This appears to be almost 6 months production. Not a very smart move in the light of the current silver market. Longer term the stock looks like it could double if management doesn't mess things up along the way. Unfortunately, since the 70's they have lost millions on unprofitable mines while other companies such as PAASF and ABX have been growing. I recently bought in, not because I like the management, but because of the bullish case for silver and the low price (historically) for Hecla. Quentin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next