I am new to silver, new to HL, and I read this in detail http://finance.yahoo.com/news/hecla-reports-first-quarter-2013-120000216.html and appear to have a great turn around story in Q2-Q3 once LF is in full production. I read a lot of negatives in the message board, but I get a positive outlook by reading that Q1 report.
Gold and Silver has some support at this level. Treasury keeps printing trillions of paper money with national debt sky high, the Fed has to unwind the QE sooner. Inflation has been mis-counted, PM has a good future (even short term like 6-12 months).
If you bought HL at $5-$10 range, I can understand. I think it is going to be up from here.
Buying AZK is not like money throw away, it is higher than market evaluation by stock price, but the core values of AZK as a low cost gold producer $800-ish/oz vs most of others in the $1100 to $1300/oz range, AZK has values.
The acquisition of AZK improves HL's footprint. Ostensibly by increasing acreage and operations. When or if these companies really flounder consolidation occurs. HL's acquisitions and strategic investments seem deliberate with a focus on keeping this corporation from being consumed by some other "Bid Red Drum Fish."
2014 is supposed to be good yr. for HL my error was believing the HL presents at bs. i thought LF would reopen at near to full production turns out only part of mine was reopened, rest to be reopened by end of 2013. don't believe HL mgt. they misrepresent often. they also said at begining of 2012 LF would only be down 2 weeks, completely down 1 yr., and still not back up to full production.