Hecla Mining Co (HL)

[Bobwins]

So far, miners are not being valued fairly compared to exploding values of gold and silver.

If you take Hecla announced production for Q2 of 3.4 million oz of silver and 59,982 oz of gold and multiply those numbers by the INCREASE in silver and gold prices since Q2, you get a huge wave of $47million in extra cashflow coming in Q3.

Obviously we are less than halfway thru Q3 so both production and prices could change dramatically but investors really aren't giving producing miners credit for the huge increase in prices.

These are scars from the bear market but the longer prices continue up, the more investor attention and enthusiasm will increase mining stock valuations.