We bought Hecla at $5.27 on July 11th 2006 so we are taking a profit of over 125% on this trade.
We still firmly believe in Hecla as a silver company and we are confident that the stock's good fundamentals will carry it to higher levels in the longer term. However in the short term we are taking some profits as the stock appears to be technically overbought and has not corrected as other silver stocks have.
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