If, this mine was such a gem.......it wouldn't be for sale. It could be a diamond in the rough, but Hecla has enough of them; it will cost some money to bring those other mines online. Personally feel, that they better save some cash and digest what they have already eaten. Maybe....live up to their word.......buy back some shares.
I wasn't to happy about it either. Lucky, for us shareholders they weren't the highest bidder. The mine was in foreclosure, so maybe they low balled it and if they got lucky, they got lucky, but lucky for HL management doesn't inherently equate to lucky.....for us.