Hecla Mining Co (HL)

[sanbrunobaby]

I agree prices are down for gold and silver, but on a historical basis- and compared to costs of production- they are at good levels so increasing production from the Lucky Friday should delievr in the upcoming 12 to 18 months increasing earnings, though with acquisition costs a factor.

US debt and increasing money supply event without political shocks bode well for increasing precious metal prices- and if the world's economy recovers faster, silver as an industrial metal should do well.

Equity prices have dropped faster than the metal prices. If Hecla agressive they can also build more more leverage through acquisitions.