RE:RE:RE:So while we're waiting for May 8 #'sAnd now it looks like Sprotts also poking around. [DV] ;) Hmmmm.
For now Sprott's still in the minority - about 28MM shares, but bears watching. Hecla has 42MM, Fury 54MM, and a family has 25MM. If HL took another run at it, they'd be a good candidate to bring it to production. Typically when Sprott gets involved I have usually run the other way but I have been considering getting into DV should it return to lows.
Lucky I think is about 6000 ft now, and the grade is heading to 35 opt equiv, over 1000 grams equivalent down to something like 8000 feet. They have made money in the past on such grades or lower.
HKH still on wait-and-see/show-me mode.
I don't deal in or have interest in options or anything other than a cash trading account (which doesn't require pledging everything you have and will ever have as collateral), but the option situation you mention is interesting - open interest 88,000 calls (8.8MM shares) @ $6 for mid-May and something like 58,000 for 6/21. Maybe that's normal for a company with 600MM shares out; I don't know. It's 10:1 calls over puts for May but just 2:1 calls over puts for June. Now there is often a seasonal bump in May and a stronger one in June so maybe holders are just betting on that. $6 for May does seem optimistic looking at today's price. Whether that's an indication of an upcoming surprise by mid-May, we'll see.