Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by HuskySWon Feb 23, 2024 12:39pm
126 Views
Post# 35895905

I was going to go on a giant rave about AXR/AXU, but ...

I was going to go on a giant rave about AXR/AXU, but ...Roberto, thought you might be following this. :) Thanks for the laugh.  :) You mentioned tracking the curve, recouping and taking profit :), but I started to laugh when you mentioned the BS factor (Blue Sky?). I can also envision the promoters popping up about how great HL is and like you say HL has been around for over a 100 years so they should still be around for a while.  Will their share price rise, of course with a decent rise in Ag, but then so will a lot of other silver related stocks like Wheaton, etc.  Imo the HL board has a sweet deal, has a nice lifestyle and employes a large workforce. Probably just as they like it.  Shareholders well they are just along for the ride... lol  Now interesting to note that in the last 20 years there have been four 5 year cycles that appear to be unrelated to the price of silver?  Thoughts?  Is HL at the beginning of an uptick?

I see your point of view in regards it would take $20 +/- HL share price to make up the shareholders losses of the AXU/AXR debacle.  I personally wouldn't hold my breath on that one, unless Ag pops.

As for the comment on AXU/AXR "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", I mentioned something along the same lines at the time.  And that's the rub there was no nice way to do the takeover quietly as at the time one wiff of a sale to HL could have jumped AXU stock to possibly insane levels (possibly not what HL wanted)  but business is business.  This is one of the reasons why when I read HL current comments and the HL future claims I am critical and wonder whats true.

On how to recoup AXU/HL conversion losses is a nice play and it assumes cash on hand and don't mind playing it. :)
<< Previous
Bullboard Posts
Next >>