Hecla Mining Company (HL)

Yellen begins her term with a strong stance against cryptocurrency, likely an inflection point in the markets and a bullish moment for gold and silver.

https://finance.yahoo.com/news/janet-yellen-says-cryptocurrencies-concern-182027396.html

#gold #auy #kl #nem #ae #wpm #hl #ag

The USDT fraud - could be largest in human history. Once markets realize half or more of recent run up in BTC was driven by fraudulent creation of USDT, likely crypto markets will correct grotesquely, and momentum will shift back to gold and silver for remainder of 2021.

Evidence - search “bit doomsday machine”

NY AG’s office is pressing for truth - search “crypto crime cartel Jordan Atkins”

#gold #auy #kl #nem #ae #wpm #hl #ag

Truly amazing, a PK Meter reading yesterday of 27 triggered this rally, and today he actually has the nerve to give us a reading of 18. Does he not know how his Perfect Kontrarian-ness works? Does he secretly want miners and metals to rally? Seems like it!!
lol

#gdx #aem #hl #paas

But PK, none of those predictions are in your post history. In fact you were hiding those days.
Should we still give you a pat on the back for pretending?
lol

#hl #gdx

The first thing to understand about First Majestic is that it's a primary silver producer, with approximately 70% of its 2021 revenue coming from silver (35% from gold) and pays an annual dividend equal to 1% of the company's net revenues. It has among the highest concentration of silver revenues compared to its peers Endeavour Silver (EXK), Silvercorp (SVM), Hecla (HL), Fortuna (FSM) and others. First Majestic's 2021 guidance is among the strongest in the silver mining sector as it expects to produce between 20.6 and 22.9 million silver equivalent ounces in 2021, of which 12.5-13.9 million ounces come from pure silver. $AG $EXK $SVM $HL $FSM $PSLV

My 2 cents - This stock is going to fly up after its next earnings report. There will be some profit taking during the next few days. Go back and look at he graph starting around June 4th when last earnings were announced (candlesticks only) and watch how the stock played out. I will get back into this again and be ready, but due to the low float the spreads on this stock can be wider than normal. I cashed out and put it all into $HL Hecla. Silver is starting to get recognized and its now over $20 oz, and the chatter is getting stronger about how silver has a lot of room to catch up to gold because it was ignored the last few years. Besides, Hecla will not be affected by the Covid issues (essential product) nor drops in the Dow. This is a serious time to get in low.

$EGO ELDORADO GOLD trading at $11.xx has over 31K Open Interest in options on 3.1 million shares at $14 strike expiring next Friday Oct 16 on imminent positive production and expansion news.
Try to find another miner with even 2K open interest in Oct 16 options at any strike.

$NEM $AUY $IAG $KL $KGC $AEM $GFI $GDX $NUGT $GLD $SLV $SIL $AG $HL

Notable High Call %

$MLCO 98.3% call
$HL 96.7% call
$HIG 96.2% call
$NGAC 96.0% call
$BGCP 95.4% call
$SIL 95.3% call
$SSRM 95.3% call
$UA 94.6% call
$PSAC 94.5% call
$GSAH 93.7% call
$FNKO 93.5% call
$ON 93.3% call
$YUM 92.3% call
$RTX 91.8% call
$KWEB 91.6% call

The notion that virtually 100% of the gold ever mined is available is absolute nonsense. Silver is even more disbursed and unavailable. Gold is held worldwide in the following allocations:
1. 48.5%. Jewelry & art objects.
2. 29.5% Investments (coins and bullion).
3. 14.5% Central Banks.
4. 7.5% Technology (medical/dental/electronics/coatings).
The amounts of gold and silver held by the COMEX and LMBA are minuscule in comparison to the overwhelming demand by private citizens, central banks, investors and technology.

Private and corporate citizens can take control of the above ground supply rather easily.

$PHYS, $PSLV, $GLD, $SLV, $AUY, $KL, $PAAS, $AG, $AU, $NEM, $GLNCY, $SLW, $HL