RE:Been waiting a long time IMO - Hecla
The Good
Large stable employer to date
Large resource inventory
Currently operates in great mining districts
Bought mining engineering talent on board to increase productivity
The Bad
Highly paid coasting executive team
In required mining aquisition mode due to declining inventory, preferably inexpensively...
One or two mines that may be plaqued with safety issues (requiring reset) and expense to remediate
Possibly 10 years or more to bring any new mines into production
Dividend is controlled mostly by $ silver
Shareholder reports generally relate to required reports, new board or an event
They are on some naughty lists for pollution
This stock (last 20 +/-) years goes up and is then immediatley suppressed, happened like four times so if you have the patience and time, timing is everything. But why bother, this aint no junior.
Lastly in appears that in recent reports Skagway is not exactly cooperating with YTG in regards the ore docks.
The Ugly
Silver Price Manipulation: Fact or Fantasy? https://investingnews.com/daily/resource-investing/precious-metals-investing/silver-investing/silver-price-manipulation-fact-or-fantasy/ BTW I don't see Keno Hill (my area of interest) contributing anything but helping hold Heclas bottom line as in Heclas world its a smallish venture. If its a mistake they'll just shutter and take the writedown. Moving forward Its also going to be a PITA , lots of unstable challenging conditions (read expensive) including lots of water inclusing the the two existing historic valley mines, which is why I suspect they are leaving them alone (for now).
Yeah I know any recent owners love to brag about how much was brought out of the ground and then gloss over the fact that's over 120 years and under conditions that most dont want today... What they dont talk about is how it was done. Large rubber equipment vs small steel tram (above and below ground) and stable hamlet bound employees.
Ever since the days of Clynt and Alexco with the BS (Blue Sky) it really made me wonder about the actual cost of this mine (Keno Hill) that they claimed. LoL.