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

To: Roebear who wrote (463)	2/12/1999 3:43:00 PM
From: Terrence Von Holidae	Read Replies (2) \| Respond to of 629

If my interpretation of Hecla's technical situation is of any use it appears Hecla will trade to $5+ next week, or the week following. This 13-month long technical pattern will resolve itself to the upside, without doubt, but it has been exceedingly difficult to find concrete evidence in the chart to dictate the exact moment. But it sure looks close. I believe Hecla will move decisively on the back of a tandem move in the p. metals next week ;indeed, it looks to become a reality today as we now have a major underpinning revealing itself in higher bond yields with greater vigor than anytime since the October'98 lows were established,( caused by massive excess growth in the supply of money over growth in GDP during the past 28 months,) so, I'm putting greater weight for an exit to higher p.m.-stock prices next week. We'll see. I still anticipate Hecla at $9+ over the next few months. The chart strongly suggests such an outcome. In for the long haul, Terrence