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Gold/Mining/Energy : Hecla Mining(HL) -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (135)	11/17/1997 6:14:00 PM
From: Terrence Von Holidae	Read Replies (1) \| Respond to of 629

Roebear: It is probable that we may discover other inconsistencies in the performance of long-obligations by third-parties to the COMEX. I would not be surprised to find that the net-result is a sharp upward move in the lease-rates, followed by heavy, short-covering of obligations to deliver. It is not unusual to find speculation that is unsecured following a prolonged trend in any instrument; indeed, it often appears to the speculator the trend cannot fail. Good news for us. Underlying the apparent weakness in Hecla is robust, net-long purchases of the common. Yours, T.V.H.