I said Longs Only lol !!
If you are reading this and bought Hecla today you would be making a fantastic investment in a hugely underpriced company Here are some facts that cannot be refuted about Hecla today at 3.18:
First I want to tell you that Janet Yellen at the helm of the FED is the Best thing that could have happened for Gold Silver and Mining stocks.
This is why smart money is piling into them at this time especially since they are so beaten down.
Hecla fer example (which I own) was 11 when gold was 1800 and silver was 40 now it's 3.18 and get this:
Hecla is the largest silver produced in US with 26% of US output in 2013 and massive reserves
Hecla has it's mines only in US and Canada so can't get them taxed or nationalized (at least today..)
Hecla has a large number of short shares so could have a short squeeze easily
Hecla Just bought a large gold mine in Canada from Aurizon making it a gold and silver miner
Hecla pays a dividend linked to the price of silver
Hecla insiders are buying it's shares on the open market see Yahoo insider transactions link
Hecla (all shares) could be bought for only 1.1 billion the amount the fed prints every 10 HOURS !
Don't believe it's a good buy now ?
Silver is down over 3% and gold is down more than 10.00 but Hecla is green or close to it at this time.
I firmly believe that Hecla is going to have a much higher return this year than the overpriced dow and S&P
There is a tremendous amount of money being created and when even a tiny percentage realizes whats going on with the debasing of the dollar and buys these stocks they will be be up 5 to 10 times or more their current price.
You see social media stock like trip yelp etc go up 4 or 5 times think it won;t happen to this one and this one has all of the best properties of a miner as shown above
I will reference this post in the future to show you how much money you could have made if you bought hecla today.
nothing wrong with Hecla except Baker and his cronies and that's a very substantial problem for all 'longs'
Baker will never disappoint his banker friends that massively short this company.
Many new buyers of Hecla need to see what they are buying as there are so many shorts trying to spread lies about the company. Read this and feel good about your investment in hecla it may save you and your families hilfe to own a significant amount of this stock when the shtf
I am replying to this so that new hecla retailers can understand why Hecla is probably the best stock in the world to own at this time at this price level...
As the fed continues to print money at the rate of 1.2 billion ever 10 hours you could buy all of hecla for that price..
Buy with confidence the big moves have not yet started....
I think we have broken resistance heading into earnings. I noticed more short shares this month than last.
This should be a very interesting week now that everyone sees J Yellen as Ben B on Steroids... GLTA
Every time you think of selling you have to think to yourself how cheap this stock is charter communications just offered to buy time warner cable for 61 Billion !
Hecla is only 1 billion the amount the fed is printing every 10 hours 24 /7 !