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Re: the cork post# 2156

Wednesday, 01/16/2013 7:48:23 PM

Wednesday, January 16, 2013 7:48:23 PM

Post# of 5230
Hecla presents one of the most solid silver equity investments yet for years has had problem getting traction in the markets-Part of the issue has been it needs a larger market cap to get larger institutions into play, and company has traditionally been very conservative in promotion. However the numbers when Lucky Friday opens and grows over next few years will eventually become compelling.

For example buying US Silver may not have been the best business move, but would have been seen very favorable by the market. However CEO knows this is a risky industry and prefers to be conservative. I can't think of a better mining stock considering risk-reward profile.

As far as MSHA , Congress came down hard on MSHA because of the coal industry for new and bothersome regulations which have in practice even more bothersome the last 4 years. No mining company is escaping increased scrutiny, especially those with older mines Company as far as we know can hardly be faulted for burdensome regulation.

Great company.

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