Seeking Alpha

EPS100Momentum's  Instablog

EPS100Momentum
Send Message
Author has a degree in Engineering and is an avid investor in the market. Experience in industrial materials and structures. In college studied atomic & nuclear physics as well as material engineering. Eastern European
My blog:
EPS100Momentum's Instablog at SeekingAlpha
  • Hecla $11/shr net value just the tip of the iceberg says research report. 0 comments
    Nov 22, 2010 8:59 AM | about stocks: HL, SLV, SIL, SIVR, SVM, PAAS, SLW, SSRI, GLD, AUY, ABX, AEM, GG, AU, BVN, VALE, SCCO, FCX, NEM
    Hecla's (NYSE:HL) share price jumped over Silver in early September, 2010 and has stayed up since.In the second quarter, it boosted its cash on the balance sheet to $197 million from $116 million. The company also reaffirmed its full year guidance of 10 to 11 million ounces of silver produced. The company is in suburb financial shape as it carries a mere $5.9 million in debt and over $215 million in cash. Moreover the company has 140 million silver ounces in reserve – leading to a net asset value of around $11. This could very well be only the tip of the iceberg as the company has numerous exploration properties.

    Read the entire report on this link
    Stocks: HL, SLV, SIL, SIVR, SVM, PAAS, SLW, SSRI, GLD, AUY, ABX, AEM, GG, AU, BVN, VALE, SCCO, FCX, NEM
Back To EPS100Momentum's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.