Use access key #2 to skip to page content.

Jbay76 (< 20)

Hecla holds hand with Aurizon

Recs

3

March 04, 2013 – Comments (0) | RELATED TICKERS: HL , AZK.DL2 , AUY

This catches me off gaurd like that hook you never see coming.  But Hecla announces today that it will be aqcuiring Aurizon Mines for CAD$796 million.  Sinch once wrote, maybe it was last year, that Hecla had not aqcuired any juniors, unlike Yamana, and a s a result had not progressed in teh recent years as it shoudl have to stay competitive with the likes of AUY.  Well, its better late than never. 

Now I have not done much research into Aurizon, so I am not sure as of this writing how beneficial this would be.  But, I think HL can use all the help they can get given last year.  

0 Comments – Post Your Own

Featured Broker Partners


Advertisement