Hecla Mining(HL) Message Board

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Gold/Mining/Energy : Hecla Mining(HL)

HL 12.11

-4.9%

2:27 PM EST

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To: marvin smith who wrote (482)	4/20/1999 9:04:00 AM
From: Roebear	of 629

marvin, I read somewhere that HM price is kind of frozen by a buyout where HM stock price is valued at 9 7/16(?). Deal to be consummated in a couple weeks. If this is true then HM may be a good back burner buy if this anchors HM price a bit while (if) XAU price takes off. Don't know if I can find the post I got that from but I will look. Could be a rebound in techs today, but I doubt new highs after this damage. Speaking of damage, if gold holds 286+ then it has done damage to its downtrend line. Well, you asked for opinion, there it is; whether it is any help... standard disclaimers (IMHO, BWDIK) apply, VBG.

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