SOURCE: The Bedford Report

The Bedford Report

March 29, 2011 08:16 ET

Hecla Mining and Endeavour Silver Poised to Benefit From Surging Industrial Demand

The Bedford Report Provides Analyst Research on Hecla Mining & Endeavour Silver

NEW YORK, NY--(Marketwire - March 29, 2011) - After touching 30 year highs recently, silver prices have pulled back. The recent selloff stems from a combination of profit taking and the idea that greater global economic stability will make the precious metals market less attractive as an investment. Silver, however, is as much a precious metal as it is an industrial metal, leading some in the analyst community to argue that an improving economy will lead to greater industrial demand for silver. The Bedford Report examines the outlook for the Silver Market and provides research reports on Hecla Mining Co. (NYSE: HL) and Endeavour Silver Corporation (NYSE: EXK). Access to the full company reports can be found at:

www.bedfordreport.com/2011-03-HL
www.bedfordreport.com/2011-03-EXK

A recent report released from The Silver Institute entitled "The Future of Silver Industrial Demand" estimates that the amount of silver used for industrial purposes is forecast to rise to 665.9 million troy ounces by 2015, which would be a 36 percent increase from the 487 million used in 2010.

The Silver Institute claims that at least half of the demand for silver is industrial with the metal being applied to batteries, brazing and soldering, bearings and electronics. New technologies in solar energy, water purification and medical instruments are expected to keep industrial demand for the metal surging going forward.

The Bedford Report releases regular updates on The Silver Market so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

The bulls who believe that silver prices will continue to surge may be inclined to look into silver miners. Investors in silver miners are banking on rising earnings, as silver prices rise, to provide value. Some miners sound confident that silvers run will continue and have started new mining ventures. However the sale of several silver sites may suggest that the industry peaked last year.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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