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

To: Roebear who wrote (260)	2/3/1998 10:51:00 PM
From: dwight vickers	Respond to of 629

Roebear, I heard CNBC talking about Buffett in the late afternoon. Too bad he bought physical silver and not HL. Maybe we'll start to see a bounce now, it's been seriously lagging the metal. Dwight

To: Roebear who wrote (260)	2/4/1998 2:19:00 PM
From: Terrence Von Holidae	Read Replies (3) \| Respond to of 629

Roebear: For every $.50 increase in silver's price, HL makes approximately $.05 a share; and the same for each $10.00 move in gold. I suspect, Hecla will show profitability, net of preferred dividends in the quarter ending Mar. 1998. The quarter ending December, 1997, may show a penny or two, net of preferred dividends. Down the line, as prices persist, and recovery in gold is firm, Hecla will eventually earn about $1.00, and then some. However, those investors using standard price/earnings ratios will sell to early, and buy too late. Yours, T.V.H.