The Pain Continues…
July 11, 2022
While prices of miners remain near their 52 week lows, we are adding here and there to such names as Hecla Mining (HL), the largest silver producer in the United States. Last week, Hecla itself took advantage of the weakness, and bought out Alexco Resources for what might end up being a tremendous bargain, as Alexco (AXU) dropped from a high of $3.46 in early 2021, down to a recent price of 40 cents! If the mining executives are buying into this decline, we should be doing the same.
