Blackrock just dumped over a billion into hecla. 70 million shares. That is a massive position for a mid-tier miner that cant even beat a basic earnings estimate. My coffee tastes like battery acid and these suits are probably just chasing the commodity supercycle myth. If their models fail, they just print more paper. The stock is a beta-heavy nightmare, swinging between 7 and 34 bucks while everyone pretends the macro environment is stable. It is a gamble on silver, nothing more. Why do they think they are smarter than the market reality? They are just holding the bag for someone else eventually.
@goldandsilverscoop