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Hecla Mining Co. Message Board

  • drawnfire911 drawnfire911 Mar 4, 2013 1:36 PM Flag

    What goofball is buying right now tulsa?? ME!

    It sure looks like a capitulation day by looking at the volume. As I have posted before one of the reasons I put HL low on the radar for weeks now was the lack of exposure to GLD, I just felt any "event" or future finanancial crisis would run GLD faster & harder then SLV prices.And yes I AM aware HL mines gld but this acquisition sure helps the cause IMHO! I understand the temporary dilution cost etc., just like the "creek" deal but in the longer term this move by mngmnt. right now to add more gold in the equation seems timely to me. HL has already overshot my 4.20 worst case target by a tad but i'm not going to lose sleep over it-or stop me from at least starting to acquire right here. Besides, it's very hard to justify the dollar going much higher than 82.50, the stim. ending anytime soon, or our fearless global leaders doing anything meaningful longer term in the austerity dept! Put me down as VERY bullish right now at these level's-I can always eat some crow later if i'm wrong but I think by the end of this year, if not sooner buyers here will be smilling!

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3.03+0.01(+0.33%)May 1 4:03 PMEDT