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

To: Roebear who wrote (137)	11/18/1997 12:51:00 PM
From: Terrence Von Holidae	Respond to of 629

Roebear: The fundamentals for the metals will ultimately prevail; mine closings will contribute to the declining supply improving the outlook. I have not witnessed strong fundamentals to this extent since the move in natural gas prices beginning in '93. Then, natural gas was at the end-stage of a supply-bubble to supply-shortage situation. If you recall, natural gas was at $.50-$.75 per 1,000 cu.ft., at historic lows. It did not take long, however, for the imbalance in supply/demand to produce the prices we see today: $3.00-$3.50 per 1,000 cu.ft. So it appears with the precious metals. It is hard to contain the excitement I feel for what is in the making. The further the market's bearish attitude intensifies toward the metals group at near historic lows, the greater will be the subsequent rise. I'm pleased to see human nature once again providing an historic opportunity. Yours, T.V.H.

To: Roebear who wrote (137)	11/18/1997 6:24:00 PM
From: Terrence Von Holidae	Read Replies (2) \| Respond to of 629

Roebear: After reviewing information at my disposal, I have reevaluated the outlook for the precious-metal group. I am now convinced, (albeit, there will be some additional short-term pressure on the metals), we are embarking upon an extraordinary rise in price of historic importance. This bull-run has potential to eclipse all other attempts in the past 20-years in both price and duration. Hecla will undoubtedly re-test lows, maybe as soon as tomorrow. Very Encouraged, T.V.H.