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$8.26 -0.27 (-3.17%)
7/3/2008 1:01 PM

Hecla Mining Company (HL)

CAPS Rating:
*****

The Company is engaged in the exploration and development of mineral properties, and the mining and processing of silver, gold, lead and zinc.

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Avatar remmit (< 20) Submitted: 12/02/07 6:38 PM : Outperform Start Price: $11.68 HL Score: -14.52

Im in on 02/27/07 for 500 at 8.36 so this pitch may be a bit bias.





silver aint going away for some time and neither is this 100+ year old idaho mining company. Public since 70.





its got a pretty wide base its coming off of and has a topside of around 36ish.





I worked greenscreek mine (Admiralty IS Nat'l Monument Alaska) back in 89 and built its state of the art on site refinery there. Then it was a top silver (with limited gold tailings permitted)producer and still figures to be. hecla is looking to buy a bigger stake in this mine in the future.





hecla produces cheaper than most all other producers of silver.





given precious metal high flying status as of late this pull back is widely expected.





insiders seem to be supporting this stock at around 11 so that might be a fair place to go long. I may or may not redouble there if signals and accounts are favorable

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