Hecla Mining Co HL.PR.B

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

[HuskySW]

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. :)

[roberto146]

"Thoughts?  Is HL at the beginning of an uptick?" I think yes, but as usual, flip a coin. HL can fluctuate pretty wildly and I'm in right now. I've completed 3 trades since the conversion (4 including the conversion) and some of them have been pretty gut-wrenching, but all sold well in the black. HL seems to be a swing trade stock, like a lot of them. Also, a lot of

[HuskySW]

I have always respected your opinion and clear thoughts when things were in panic mode.  I got out prior to all the yapping on about blue sky and how smooth the glide path was.  I will also say Keno Hill can be a rags to riches story.  Timing is everything.  To be fair to lynt had silver gone up he would have been a hero... Yes i am a cynic when it comes to keno hill. Way way