Post by
arh0070 on Apr 04, 2023 12:59pm
Hecla
Thanks,the short interest on Fury is small.Investing in explorer stocks is always a long term proposition ,they tend to fly at the end of a gold bull market .Right now its the mid size producers that will be bought out.
Personally if I was the CEO of Hecla(which I also own)I would take over Fury ,gobble up the 25% of Dolly (hecla tried to buy Dolly some years ago but were rebuffed)and sell of fury's gold assets .Thus they would then control Dolly which would fit well with thier other silver assets in North America.
Comment by
MaterialsMan on Apr 04, 2023 10:05pm
I like the way you think. However FURY flew a little today. And, hopefully the bull mkt. is in the beginning stages. If it flies higher at the end, I guess we better hang on. Point of info: Between the time of the bank bailouts in '08 and now, gold is up 1000%. And much of that increase came early. If history repeats, That bull is gonna start runnin a long way.