Terrence,
The stock is finally moving, I have doubled my position again this am.
I talked to Vicki this morning, the emergency shaft is being worked on and going according to plan as you mentioned. Wouldn't tell me when it reopens except today or Friday as in this week.
She did tell me that workers are being called back on the job today, which means of course that the company is pretty confident that those workers would have some work.....though she would not spell that out. Good enough for me.
Silver is now 569.5, as of 15 min ago anyway, we have broken through an important resistance area.
Like I said before, I am expecting a double bounce on HL, silver price and news effect. Also the stock price started moving almost as soon as I hung up the phone, which means maybe my news is "hot off the press".
BTW, the ground slough in the shaft did not do much damage to the shaft it was the guides and dividers that needed repaired, as you stated. It is a vertical shaft so with the means of conveyance being interrupted it was out of service till repaired. Please note I am using the "past tense" here on my own interpretation
Disclaimer: Also note, while I have attempted to faithfully render the high points of my conversation with IR, my reporting may be somewhat effected by my holdings in this stock and my current glee
with the POS. Plus possibly the fact that I went to Penn State <VBG>.
Roebear |
