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Hecla Mining Co HL

Alternate Symbol(s):  HL.PR.B

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 Mar 29, 2024 3:31pm
94 Views
Post# 35960444

RE:And if your specially bored before the long weekend

RE:And if your specially bored before the long weekendMr Nauman!
Kennecot/RioTinto/Greens Creek doing well, Alexco seems promising if HL skills and support $$ are successful. They did issue another 43-101 increase in Keno reserves and resources lately.
...
Rise is an interesting study for a speculative possibility of re-opening idle property. About 45MM shares out, proportionally large insiders, fund, and corporate holdings (via combined share holdings, options, and warrants for all insiders), Rise is involved in a local NIMBY dispute-now-lawsuit in California re Idaho-Maryland vested right/abandoned property rights in Nevada County. All these names a little confusing - it's around Grass Valley, California. Yeah, and Nevada City's in California too.
Price dropped 80% when project rejected by appointed committee; Rise alleges unfair decision: the inital County environmental study was generally positive and the general public survey was supportive but the Board of Supervisors rejected the proposal due to temporary noise, aesthetics, and increased traffic. They also cite several approvals as precedent but these are in more remote locales.
Rise did a 1:10 consolidation in 2019, thus the low share count. They did a $750K raise a few months ago as well as a couple previous to that.
Maybe I'll pick up a few shares just for fun, courtesy of the big bump recently in HL share price. 
Keeps me out of the (other) casinos anyway.
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