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Mine Closure May Present Investment Opportunity
Jan. 12, 2012 01:08PM PST
Long TailMarketWatch reported that the recent closure of a Hecla Mining (NYSE:HL) silver mine may actually make the company a good buy.
MarketWatch reported that the recent closure of a Hecla Mining (NYSE:HL) silver mine may actually make the company a good buy.
As quoted in the market news:
On any bounce, this stock still forms a good short candidate as the target is 25% below current price. Investors are well advised to pay attention to reports of mining accidents. As this article shows, accident reports often provide opportunities.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1945.90 | +5.38 | |
| Silver | 24.28 | +0.11 | |
| Copper | 3.87 | +0.04 | |
| Palladium | 1713.17 | 0.00 | |
| Platinum | 1087.26 | 0.00 | |
| Oil | 85.64 | +2.01 | |
| Heating Oil | 3.11 | -0.01 | |
| Natural Gas | 2.67 | -0.10 | |
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