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Jbay76 (< 20)

Hecla holds hand with Aurizon



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

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.  

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