Hecla Mining Co HL

Alternate Symbol(s): HL.P.B

Metals & Mining Silver

Hecla Mining Company discovers, acquires and develops mines and other mineral interests and produces and market concentrates containing silver, gold and other metals, carbon material containing silver and gold, and unrefined dore containing silver and gold. Its segments include Greens Creek, Lucky Friday, Keno Hill, Casa Berardi and Nevada Operations. The Company produces zinc, silver and precious metals flotation concentrates at Greens Creek and silver and zinc flotation concentrates at Lucky Friday. At Greens Creek, it also produces gravity concentrate containing payable silver, gold and lead. It also produces unrefined gold and silver bullion bars (dore) and loaded carbon and precipitates at Casa Berardi, which are shipped to refiners before sale of the metals to precious metal traders. Keno Hill is located in the Keno Hill Silver District in Canada's Yukon Territory. Nevada Operations consists of four land packages in northern Nevada totaling approximately 110 square miles.

NYSE:HL - Post by User

Hecla Mining Co > So while we're waiting for May 8 #'s

<< Previous

Bullboard Posts

Next >>

Comment by HuskySWon Apr 28, 2024 11:54am

48 Views

Post# 36011577

RE:RE:RE:RE:So while we're waiting for May 8 #'s

Should HL take another run at DV it appears Sprott is now in the game and will likely want part of any action. There's something that HL found attractive there, which I find interesting.

The history of the Kitsault Valley is about as long as KH and I think DV has a good a chance as any of becoming a working concern.

https://www.miningnewsnorth.com/story/2020/06/26/northern-mining-history/the-valuable-lessons-of-kitsault-valley/6338.html

That said there are the normal regulatory issues to resolve before it ever become a viable mine in BC (aka Bring Cash). Just as many issues as AXU so maybe 5 to 15 years? HL had a very long time to review AKH and finally made a decision when the timeing was perfect (for them), it's just business ;) I also bet there are a few current HL share holders that were bought in from AXU when Clynt said it was a great deal and that it would be all be blue sky as he sold. And there's ATAC that was brought on board.

Funny that DV never gets the promo blue sky (BS) coverage that AXU got, just shows you how good Clynt really was. LOL

As for trading HL I agee it is a short swing trade for retail and for professional traders with larger positions of cash on calls. I cant be bother personally and let the broker deal with that, its what they get paid for.

It appears silver is being treated like a commodity, AKH (like DV) was a junior with lots of promoters on board and shareholders betting on a large payout. The monies in the stock...:)

LF is still ramping up after last years unfortunate incident so we'll see the numbers soon enough, if they can get the extraction rates up back up (through UCB) and higher throughput the numbers will be interesting.. In any event it is a long term core settled asset for HL.

COEUR D'ALENE, Idaho, April 08, 2024--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) today announced its preliminary production results for the first quarter of 2024.
PRODUCTION SUMMARY

	Three Months Ended
	March 31, 2024	Dec 31, 2023
Production			Increase/ (Decrease)
Silver (oz)	4,192,098	2,935,632	43 %
Gold (oz)	36,592	37,168	(2)%
Lead (tons)	12,100	5,282	129 %
Zinc (tons)	16,211	12,669	28 %
Greens Creek - Silver (oz)	2,478,594	2,260,027	10 %
Greens Creek - Gold (oz)	14,588	14,651	(0)%
Lucky Friday - Silver (oz)	1,061,065	61,574	1,623 %
Keno Hill - Silver (oz)	646,312	608,301	6 %
Casa Berardi - Gold (oz)	22,004	22,517	(2)%