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Bullboard - Stock Discussion Forum 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... see more

NYSE:HL - Post Discussion

Hecla Mining Co > Been waiting a long time
View:
Post by MaterialsMan on Mar 26, 2024 9:17am

Been waiting a long time

I realize that is no fault of HL, but pundits have been predicting for years that the demand for silver will
outweigh supply soon.
I can't remember for how many years they have been saying "this is the year".
Who knows, maybe it will be. Personally, I think it's beginning to seem doubtful that it will happen.
Even if it goes up a little, it won't help the bottom line.
Gold miners are up against the same problem.
The precious metals need a major catalyst to shake things up.
Comment by HuskySW on Mar 26, 2024 1:00pm
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 ...more  
Comment by roberto146 on Mar 27, 2024 7:34pm
The Bad: "Shareholder reports generally relate to required reports, new board or an event" I'd put that on the 'good' list. Production report 10 days after the Q end with relevant commentary, financials mid-month following, and no other reports necessary except board changes, acquisitions, or if something blows up. HL great swing trade stock, very cyclical, patience ...more  
Comment by HuskySW on Mar 27, 2024 10:00pm
Fair enough.  I see your point.   I look forward to Q1 and how much Keno Hill has contributed to the bottom line.  Some days I feel they shoulg just absorb MMG, SNAG, SMD (gold placer excepted), etc. I guess I am expecting a bit more news.  . Your right one can do well with a swing trade on HL, pick your moment.  Best
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