Hecla Mining Co HL

Alternate Symbol(s): HL.PR.B

Metals & Mining Silver

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.

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Hecla Mining Co > VGCX spill video, crashed meeting.

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Comment by HuskySWon Jul 02, 2024 3:31pm

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Post# 36115003

RE:RE:RE:RE:RE:VGCX spill video, crashed meeting.

Anyway, now that HL's back in the $4s, and there seems to be little 'Victoria effect' on the stock, just a normal sort of downward trend I'm starting to get antsy again ... flip a coin for a possible quick July blip flip? It's only money.

I'm dippin in. It's sort of mid price. :) LF back on line along with KH hopefully showing positive net $ next Q may just bump it up. But what I think is moe likely to increase value is BoA reports such as::

"Bank of America remains bullish on silver prices, predicting an increase throughout the latter half of 2024 and into 2025.

BofA Metal Strategist Michael Widmer sees the silver price rising to a 2026E average of $35/oz (vs. $29.28/oz spot). This bullish forecast stems from several factors, including an anticipated end to central bank interest rate hikes and increasing investment in precious metals.

While acknowledging the year-to-date strength in silver prices, BofA believes there's still room for growth. They project a positive spillover effect from the gold market, with gold prices expected to reach $3,000 per ounce by 2025."

I agree that he VGCX loss of containment has nothing to do with operations at Hecla Keno except that there wlll so much more oversight and probably excessive oversight by governing bodies, mine managment, stakeholders, etc. with a requirement to produce mountains of paperwork (CYA thing) that addtional expensive resources will need to be employed to produce these records. This will affect all and any companies with operations in the Yukon, imo they'll feel like they are operating in the nanny state territory.

If of interest regards VGCX, it appears the bottom of the HLP rotated and sloughed away and then rotated to the right (around and down Dublin Gultch (waterway?) and very close to Eagle creek? The heap sump infrastucture might very well be in the Gultch?

https://www.mining.com/victoria-gold-accident-could-be-heap-leach-spill-in-yukon/

https://emr-ftp.gov.yk.ca/emrweb/COMM/major-mines/eagle-gold/emr-mml-eg-heap-leach-facility-oms-manual-2020-01.pdf