1 cent a share earnings, Lucky Friday had possibly the worst safety record of any mine in the world for 2011, certainly the worst in the US. However, New mgt. since April 2012, one a long time experience in mine safety. Look at earnings estimate for HL for this year. If they hit or exceed stock will do well, if not it won't. Estimated earnings of over 30 cents a share by end of 2013. I am betting mgt, now at Lucky Friday is competant and stock will go up by end of year. Certainly all the "presents at" speeches say they are doing right things, Feb. 25 10 AM very important earnings and news release by HL. However, there were several law suits filed against HL in 2012 for misrepresentation, I hope mgt. has been recently telling the truth. The mayor of Mullan where Lucky Friday is located is already planning on spending tax revenue from miners after talking with Hl Pres. Miners have been recalled to mine-looks positive for 2013. There are 50 articles at Shoshone news press about HL if you want to read them covering 2012 to 2013
It worries me they've said nothing more about Lucky Fri, though they say they will at the time of the earnings release. Hopefully the fact that they've rehired miners and paying for them without any production and its negative effects on earnings are discounted. But if they should announce a further delay in opening, lose more credibility, think the stock would suffer big, at least temporarily.