Wall St Banksters, the 1% and the well connected like Warren Buffoon have made out tremendously by the fed stimulus unfortunately the common man has lost ground and the 1% don't shop at walmart. This is why imo upside for walmart stock is now nil downside is huge.
organic apples for 1 troy oz of silver ?
Even with apples at 1.50 for non organic 15 lbs of apples for 1 troy oz of silver ?
Thats why I say the bottom is in it will slowly rise from here..
above this is very good going foward right now the bid is right at that level.
It does not matter anyway you know silver is going higher and this stock is hugely underpriced.
the fed creating 85 billion in 1 month and this company valued under 1 billion?
it may take several years but at this price level for the largest silver producer in US that is market cap under 1 billion it's a no brainer the manipulations market sentiment toward this segment have actually produced a wonderful buying opportunity imo.
"Sales at stores open at least a year rose 2 percent in thefour weeks ended Dec. 1, including the impact of fuel sales andforeign exchange"
This is a poster child of opverpriced and overhyped stocks...
I think downside risk is much more than upside..
The common man is tapped out and the upper middel class clientele that go to this place is also feeling the pinch
121 is the current price I will reference this post in a few weeks to prove to you I know what I am talking about.
You have the opportunity to get out unscathed with big gains when you know they misses but you are brainwashed and can't pull the trigger to lock in gains and are destined to lose much of them imo...
I tell you people you have a similar opportunity today as you did when hecla dropped to 1.00 per share.
that is a chance for a 5-10 bagger with little risk.
All this money sloshing around is going to come back into this beaten down sector.
I will put todays low of Hecla at 2.75-and current 2.80 and reference this later to show you how much you could have made..
guaranteed a weaker than expected jobs report will put an end to fed tapering for now and you will see hecla soar...
You know they can't stop the tapering ever by now don't you ?
They do this by undereporting inflation and the jobs being created not enough to absorb the layoffs
They can fabricate any number anyway and so wall st tells them to make it low so stimulus never stops..
I will be shocked if the number is over 200k...
Here is another snapshot of the ramp up. The red line is the 900 tons per day we want to achieve and you can see early in the fourth quarter that mine was up and running. We put this in here, because one of the frequent questions I get is, how are things going at Lucky Friday? Is Lucky Friday going to achieve its goals? And we think this demonstrates, as miners like to say, we're putting rock in the box, that's what we would expect for all of 2014.
A little snapshot of the Lucky Friday, and why we like the Lucky Friday so much. It's called unlocking value at depth. In this particular slide, you will see a lot of colors on there and the harder the color, as in yellow and red, the higher the quality of the ore reserve. And you can see the huge amounts of red that we have in the ore, which we're getting ready to access for the new shaft, which is the vertical line on the right hand side of the chart.
And this is a shaft that we started a couple of years ago. We would expect to complete it during the course of 2016 and be able to get down to some of that tremendous material that you see down here. Not only is the ore body richer, it runs about 30% to 50% higher grade, but it's a wider ore body, so we can be much more productive when we extract it. So we expect the Lucky Friday in 2017 to increase its production from 3 million ounces of silver a year to 5 million ounces of silver
26% of all US silver comes from hecla....
Hecla is hugely undervalued...
I bought more this am on the dip...
From the conference today:
"I talked about being in lower risk jurisdiction. The graph on the right shows, where the gold production comes from. 100% of it comes from either Northern Quebec or in Alaska. We're the only mining company of significance that 100% of our gold production is currently coming slowly. I guess there is one other one, but very few, that 100% of our goal production comes from North America.
And in terms of our silver production, Hecla is seen here, is 26% of the U.S. silver output. And again 100% of our silver output is coming from mines in Alaska and Idaho. We've had huge reserve growth. The mining company is after all about reserves, where you can see over the course of the years from 2003 to 2012, we've been able to more than triple our silver reserves and our gold ounces likewise have gone from 800,000 ounces up to 2.2 million today.
So a very good inventory in front of us for future production and we have a very diversified revenue. I realized this is a bond conference and you need to assess risks and in terms of our revenue stream you can see it's divided. The largest component is precious metals component, but that's equally divided nearly between silver and gold and then base metals represent a smaller part.
So we have a diversified stream, both in terms of the medals we produce and in terms of the geographic diversification, three world-class mines in three good jurisdictions. We also take some of that price risk out with commodities particularly with regard to our lead and zinc production
this is to enable the stimulus to continue..
You know I am right don't you ?
market will turn green today as the well connected who already know the number buy...
watch and see...
Hecla 3.00 tomorrow am is my guess..
1. When everyone is greedy be scared when everyone is scared be greedy
2. When the price of something you want goes lower you should be happy because you can buy more of it at less cost....
This is starting to remind me of when hecla was 1 and then went to 11...
However the reason it went to 1 in addition to the market crash was the big fine they paid to settle all pollution lawsuits now they have 4 times as many resources and plenty of cash...
If it goes lower I buy more...
Again I see this as a very good reason to buy BBRY stock this fact along with John Chen his history and connections with China are all I needed to see.
The 1% is not enough to keep this housing bubble from deflating back to where it was in 2007
whats so hard to understand about this ? Fed policies of 0% interest are hurting the main customer segment of Cracker barrel and let me give you a hint it won;t get better with the new Fed Governer who was mentored by Big Ben..
this will be over 10 in weeks...