Hecla Mining Co (HL)

[paladin551]

Hecla Mining: This Is Another Catalyst
Jul.13.16 | About: Hecla Mining (HL)

•Apart from a rally in gold and silver prices, HL’s impressive asset base presents another reason to remain invested in the stock for the long run.

•HL has managed to keep its gold and silver reserves intact over the past couple of years despite weak pricing, while its peer group has recorded severe write-downs.

•HL’s asset base has remained intact because it carries a higher grade than the industry, which allows it to extract gold at lower costs and remain profitable in difficult times.

•HL is making improvements to its mines by drilling shafts into higher grade areas while also exploring additional veins near existing sites, which will enhance its production at lower costs.

http://seekingalpha.com/article/3988137-hecla-mining-another-catalyst