Hecla Mining Co at Bank of America Merrill Lynch Leveraged Finance Conference Transcript

Dec 03, 2019 / 03:10PM GMT
Matthew Wyatt Fields - BofA Merrill Lynch, Research Division - Director

Thanks for joining us at the 2019 Leveraged Finance Conference. I'm Matt Fields, I cover high-yield metals and mining and industrials for BofA. With me is Phil Baker, CEO of Hecla Mining. I think Phil has a couple of slides to go through, and then we'll have a longer dialogue with some Q&A here.

Phillips S. Baker - Hecla Mining Company - President, CEO & Director

Thanks, Matt. Is the mic working now? So I'm just going to go through a few slides. I do need to tell you I have some cautionary language here because I will make forward-looking statements that are subject to the cautions found in our 10-K and 10-Qs, 2 pages of cautionary language.

So those are very -- that's very small letters from here. But the primary message of Hecla is we are taking a step back from the operations that we had in Nevada. We're reducing the level of activity there, and as a result, we'll reduce the level of expenditures. And that's -- so where we end up is with a company that is the largest

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