Hecla Mining Co (HL)

[loantech]

Happy New Year FA,
As per my email from IR I think that HL had around 40 mill after the last payments made and a financing of about 20 mill or so so close.

Here is the email from vicki:

Posted by: loantech Date: Sunday, December 28, 2008 4:41:06 PM
In reply to: FinancialAdvisor who wrote msg# 89 Post # of 147

Thank you for the reply. Much appreciated. I think as per my email from IR the 79 million is now less 37 mill or so cash:

<Sent: Tue, 16 Dec 2008 7:59 am
Subject: RE: HL



Hello Tom:

The $79 million available on the balance sheet was as of September 30 (which is the required reporting form). That’s why in the verbiage of the release we pointed out that the additional $37 million was paid after that, in the fourth quarter. We need a considerable amount of working capital and at these metals prices have been using ca sh as well, until our budget cuts are fully implemented. Hence, our emphasis on liquidity, especially since we are facing the payments on the loans in December and February of a total of $58 million.

Regards,

Vicki>>>>>>>>>>>>>>>

So I was thinking just about paying the 21 mill due Dec 31 but they know what they are doing and the stock is a tiny bit green today.

All is good.

Tom