This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Hecla's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Stocks in this article: HL

Hecla Mining Company ( HL)

Q4 2011 Earnings Call

February 21, 2012 1:00 PM ET


Mélanie Hennessey – Vice President, Investor Relations

Phil Baker – President and CEO

Jim Sabala – Senior Vice President and CFO

Larry Radford – Vice President, Operations

Dean McDonald – Vice President, Exploration


John Bridges – J.P. Morgan

John Tumazos – Very Independent Research

Anthony Sorrentino – Sorrentino Metals

Tom Adams – International Management

Trevor Turnbull – Scotia Capital

Chris Lichtenheldt – UBS Securities



Good day, ladies and gentlemen. And welcome to the Fourth Quarter and 2011 Year End Financial Results Conference Call. My name is Fab, and I’ll be your operator for today. At this time, all participants are in listen-only mode. Later, we will conduct a question-and-answer session. (Operator Instructions)

I would now like to turn the conference over to Mélanie Hennessey, Vice President of Investor Relations.

Mélanie Hennessey

Thank you, Fab. Hello, everyone. And thank you for joining us for Hecla’s fourth quarter and year end 2011 financial and operations results. Our news release, which was issued this morning before market opened and today’s presentation are available on our website. In addition, Hecla issued a release last Thursday announcing the latest reserves and resources, and provided an update on our predevelopment and exploration initiative.

On today’s call, we have Phil Baker, Hecla’s President and CEO; Jim Sabala, Senior Vice President and CFO; Larry Radford, Vice President, Operations; and Dean McDonald, Vice President, Exploration.

Before we get started, I need to remind you that any forward-looking statements made today by the management team come under the Private Securities Litigation Reform Act. Such statements include projections and goals, which are likely to involve risks detailed in our various SEC filings, and in the forward-looking disclaimer, included in the earnings release and at the beginning of the presentation. These risks could cause results to differ from projections.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs