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Hecla Mining Co HL.PR.B


Primary Symbol: HL

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

Comment by roberto146on Feb 22, 2024 7:34pm
69 Views
Post# 35894659

RE:RE:Underwhelmed by the 2024 guidance on Keno Hill

RE:RE:Underwhelmed by the 2024 guidance on Keno Hill
I was going to go on a giant rave about AXR/AXU, but ...
 
On the positive side, I had averaged down on AXU after the BS detector was flashing red in early '22 (supposedly everything was running just fine - then the sudden shutdown surprise until we restart later in the year, all this while the sale was being negotiated).
But - holding Hecla and trading a couple of times after the share conversion I made double digit good bucks. Not quite as good as the $40+K I was up in the early days,pre-2009, when they hadn't even started construction (The Lassonde Curve is your friend ...), but good. 
Hecla's actually a pretty good company and I like them - they actually lay things out in a convervative way and don't seem to overpromise.
If anyone can make a buck off this, they can. They've been around over a 130 years, so there's that.
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