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Hecla Mining Co. Message Board

  • blieviam blieviam Aug 28, 2013 8:08 PM Flag

    puzzled?

    Baker bought a mine in Canada and Canada taxes Hl 40% on profit; Baker borrowed 500M$ and pays 6-7% interest on that amt. annually, to the tune of 34M$ interest; Baker diluted stock with 12M additional shares. Therefore, behooves us baggers to be cautious in adding more stock to average out and IMO, caution to think HL at current price a bargain. Between 2-3$ perhaps. Jest hope HL touches 6$ by miracle sow eye can break even with the 6T shares bought at 6$ six months past and stuck. All the aforementioned dealing by Baker is damaging to stock pump into 6+$ rance any time swoon, IMO. Posters, (baggers) how due yous assess those decisions herein mentioned by Baker to stock future value???

    Sentiment: Strong Sell

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HL
2.10+0.04(+1.94%)Jul 31 4:03 PMEDT