Yes, this is good news. The thing that really worried me about the Hecla deal was that the mining profits would have all gone to cover Hecla's costs before Great Basin would have shared. Now Great Basin will see profits immediately. Great Basin can also move more quickly in developing the project. Hecla did not seem to care how long it took.
Maybe the Hecla deal was necessary at the time, but I am very happy that Hecla is gone. This is very good news.
Well, the deal worked out well for HL, but there were only delays for GBN.
As stated heretofore, the primary problem was that the silver price spiked which caused HL to have other, better opportunities to invest (i.e. its existing silver mine capex), which were more profitable.
News 
Market Data 
Discover 
