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Hecla Mining Co. Message Board

  • drawnfire911 drawnfire911 Oct 14, 2013 2:06 PM Flag

    Next earnings date expected 11-4

    Personally not expecting much, neither are the analyst's by looking at the guesstimets -.02 -.04 A break even or + a penny or two would be a pleasant surprise considering the co. is still in a transition period & the low prices in PM. Some times I think we forget HL. is NOT just all PM with the acquisition. Co. project's forward revenue will be split about 50-50 between PM's & Lead, zinc etc. Considering the "blue sky" economy pumper's feel that emerging market demand for the "basic" material's will pick up, HL has a decent cushion in place should PM's languish a bit longer & economies show a little steady improvement--HL has BOTH scenario's covered. Everything except a paralyzing downward spiral of deflation--that would probably see the fed . literally dropping fiat from that black benny chopper! Highly unlikely though we get to that point.

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2.44-0.19(-7.22%)Jul 1 4:01 PMEDT