Today Rio Tinto announced that they may (read will) consider share issuance to pay down debt. So their entire plan of a focused and streamlined company was not really a part of their plan in the first place. To think that a company that made more money in cold hard cash, than most Fortune 500 companies will ever see, couldn't save it and prepare for a commodity downturn is to my mind quite repulsive.
Hecla on the other hand was taken out to the woodshed and dumped like it held leveraged mortgage backed securities. Silver may have dropped but Hecla's intrinsic value is wildly higher than its 2 and change price currently quoted.
Unless silver drops back down and significantly, Hecla is a stock to consider "backing the truck up" on.
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