RE: Hecla " A further 23,260,000 warrants entitling the holder to acquire one common share until December 14, 2012 at a price of $0.15 per share, then $0.20 per share until December 14, 2013 were issued on December 15, 2011 as part of the private placement which raised a total of $2,270,000. "
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If they release some " better than average " assay results tomorrow, any warrant holders would sell their new converted shares at no time for a good profit, even after Dec 14 by paying 5 cents more for exercising their warrants for same reason...the whole scenario will turn out to be a " profit-taking saga " for a period of time until all 23,260,000 warrants exercised....man, how long would it take to dump that 23,260,000 shares within one year ? unless we have an excellent assays, so the 23 million new shares would be absorbed into market quickly, imo
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