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Hecla Mining Co. Message Board

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  • NeewollahCT NeewollahCT Aug 13, 2000 12:58 PM Flag

    HL has finally bottomed........

    I was just trying to think how we could repay the
    debt w/o selling KT.

    HL cannot.

    In
    earnings PR, MR. Brown said that KT sale will repay all
    debt due April 2001 and acquire significant cash
    reserves.

    Looks like S/T debt is $57M.

    Therefore, it
    depends on what significant cash reserves are.

    But
    KT must be worth near $100M.

    Any idea how
    soon this sale could occur??

    Looks like we
    should all be buying right now!

 
HL
5.70-0.05(-0.87%)Sep 30 4:07 PMEDT