Hecla Mining Co (HL)

[MerthyrQ]

I understand there have been significant investment and development in Lucky Friday during the strike period. The price of silver may have material influence on Hecla's eagerness to get Lucky Friday back into production by settling the strike. With the silver price were it is, it is possible that the best way to get Lucky Friday into production is for the unions to decide that is a good enough idea to agree with management, because management is not so motivated, at this moment. For management it may be a simple factor to open -- either get a higher price for silver, over which management has no control, or a lower cost of production, to which the union and workers must agree. Maybe the bigger question is --- how bad to the workers want to go back to work?

Is the union fairly representing the worker's sentiment and needs about this? I don't have enough non-emotion data to opine on that question. Having experience in collective bargaining sometimes causes more questions than answers.

Just food for thought.