Updating Hecla Mining Company, Delphi Energy and Amazon.com

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HECLA MINING COMPANY $4.55 (New York symbol HL; TSINetwork Rating: Extra Risk) (208-769- 4100; www.hecla-mining.com; Shares o/s: 384.0 million; Market cap: $1.7 billion; Dividend yield: 0.2%) explores for, mines and processes silver and gold in the U.S. and Mexico. The company has now agreed to buy Mines Management Inc. (symbol MGN on New York) for about 7 million Hecla shares. Mines Management owns one of North America’s largest undeveloped silver and copper deposits, in northwestern Montana. The Montanore site sits on 230 million ounces of silver and 2.0 billion pounds of copper. Hecla Mining is a buy. DELPHI ENERGY $1.03 (Toronto symbol DEE; TSINetwork Rating: Speculative) (403-265-6171; www.delphienergy.ca; Shares outstanding: 155.5 million; Market cap: $161.7 million; No dividends paid) explores for, develops and produces oil and natural gas. About 64% of its output is gas; the remaining 36% is oil. In the quarter ended March 31, 2016, Delphi’s production fell 23.7%. That was after the company sold some fields. The…