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Gold/Mining/Energy : Hecla Mining(HL)
HL 13.74+13.2%1:48 PM EST

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To: Roebear who wrote (456)2/6/1999 1:54:00 PM
From: Terrence Von Holidae  Read Replies (1) of 629
 
Any decline in silver will be short-lived, but technically, HL will provide some limited opportunity to exit and re-enter on its way to a projected $9.50-$10.50 in the next few months.

I derive the figures from the upper-trend line Hecla created in its incipient move beginning October 1997. The month in which Hecla began moving out of sequence with its preceding 17- year bear-market trend-line.

90 days will prove confirmation, or re-evaluation. Parenthetically, we must see participation from gold very soon, without which, the run in silver will exhaust itself in the short-covering phase its in now.

Your purchases of HL will prove to be shrewd. Of this I have little doubt.

Terrence

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