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


To: Roebear who wrote (375)9/26/1998 3:44:00 PM
From: Terrence Von Holidae  Read Replies (2) | Respond to of 629
 
Roebear:

The value of precious metals will be conversely affected by the weakness in the dollar. This historic relationship is reemerging. It cannot be factored easily into Hecla's valuation, but it will br more significant than can be known at the moment. Hecla's exploration efforts will soon produce significant probable reserves increases. Additionally, mining costs have been declining for a number of years, as exploration , and ore extraction techniques improve with new technology.

At $350 and $8.50, Hecla will produce results superior to historic returns. The stock will approach $16- $17.90 per common share.
Gold is returning to its preeminent position as the truest currency. That process is in the ninth inning of play as the world's international currency, the US dollar, begins its descent.

Hecla is establishing higher highs and higher lows. I expect a move to levels beyond the last bull-leg in Hecla, or better than $36.00 per share in this first bull- leg.

Yours T.V.H.