||EPS - Basic
||Market Cap (m)
Fresnillo Share Discussion Threads
Showing 4276 to 4299 of 4300 messages
|Yes your deck paved with gold My deck needs care and scrubbing.|
|MAJOR GAINS on deck!
|English 'O' Level ?|
|there is do much problem with the dollar that silver should rocket|
|The big and mid caps move first then the small and micro cap explorers.
Big money goes into big companies. Pension/trust money etc has to go into large caps as per fund rules.
Weakness of the Peso will help revenues here ;)|
|Hector. That is my view, yes. I hold some only for the short term and for diversification and liquidity. If a bull market in the PM's ever gets properly going again (like Trump abolishing the Fed Reserve) then the mid caps and small caps should give better % appreciation.|
|Topicel, good moaning,
The USD - even Ambrose - Prichard of the Telegraph believes the dollar will spike higher in coming weeks, though Mr Trump seems to have cut short his boost to the Dow by his talk two days ago.
but- there is an interesting idea floating around the Fed, they may do something to the balance sheet instead of more interest rate hikes ( after 1% I mean) but we will need to wait and see. Also "What will trump and his people wish the Fed to do" is another issue.
What such action will do of course is simply to " stave off the evil day" by another year or so. It also infers rates could fall then, " even negative".
There is even talk of cancelling the National Debt $200 Trillion, simply having Jubilee but I'd say that is far down the line.
We will see.
|steve IS FRES perhaps just too large ( eg compared to small silver miners) to maker a large move back up assuming silver makes such a move?
anyhow, its down 35 points, noting this positive slant on silver here, gold has a rollover this month but not silver:
I'm having a look into this signal tool called extreme Hurst tool. ( as mentioned in the above article)
No pun intended.|
|2 weeks to reporting on final quarter and FY production result.
25 Jan 2017 Fresnillo 4Q/16 Production Report|
|Brink. Thanks for the article on FRES. Costs and capex shooting up, profits down but avoiding losses unlike many others.
HOC, another top 5 primary silver producer, was one not to avoid losses but it's gone through a transition and has come out much leaner and stronger:
AISC reduced from $21.7 oz (2012) to $12.9 (2015) to expected $11-11.50 oz (2016).
Company output increased from 20.5 to 35+ million Ag equiv oz (+70%) from 2013-16.
It's completed the heavy capex on it's 100% owned new world class Inmaculada mine in Peru with blue sky ahead!
Back in profit last year, 2016 and dividend restored. Ftse250.
It reports next week.|
|There's a very interesting (and, for those of us who've held Fresnillo for a long time, rather depressing) article on Fresnillo by Steve St Angelo, looking at the profitability, production and investment over a decade.
|Lol GS, calm down mate!
All we need is for the Donald to be let out to play again and the wall of worry internationally will knock the dollar and boost PMs in equal measure.
Which, btw, is exactly what he needs to 'Make America Great Again' as the basic economics won't allow him to otherwise. Never forget the very real debt mountain and year-on-year oil price surge coming through of 100%-plus leading to PMs best friend inflation.
Which will be also Trump's bestest mate as he sees the debt eroded by rising costs. Just need to kill the Fed so the banksters don't go raising rates now...
Tough medicine but it's been coming and needed.
WALL OF MONEY COMING! $1200+ GOLD seen as a critical level by many.|
|At the moment it looks like it might be FRES. But HOC is traditionally slow and decides to catch up several days worth of gains in a day.|
|FRES & HOC having a race to get to my targets first!
|Nice DT, I'm looking for £18 here in JAN and £30 by AUG! :)))))))|
|Yeah...a testing number ..but think it will slice through upwards personally.
You can nail 1600p onto the post here for a start.|
|And 1oz Brits on ebay sell for £23-24...
Dent might be right but it's the timing he cannot predict with accuracy.
He has called for a mega stocks collapse for 7 years, to no avail.
Which means silver could get to $35 or whatever...before maybe dropping to $10 etc.
His track record on predicting things such as tech bubble bursting, gold peaking at circa $1900, the 2008 collapse, they have been spot on.
Which does make me a bit nervous about 2017 to be honest.
I am keeping some paper dry from all equities right now just becAuse markets continue to break their highs.
|FRES more interestingly volatile than HOC over two days. Silver looks ready to move over $17 soon.|
your handle is a good analogy - for what would happen when silver went to $10. It COULD do, but as you say, there would be vast demand and only incidental production, from copper and zinc.
But can I say this: there is PRESENTLY great demand and less silver than can be used. Yet - Comex can still let controllers, control it.
Logic says, Comex control will still control it at $10, $5, and 2 cents! Why not?
There are two (well 3! ) markets , Comex, Shangai, and the law of the marketplace.
Shangai is closer, and finds price discovery.
At $10, or $5, the existence of the thing called Comex and its manipulation would simply be ignored and bypassed.
So the manipulation would still appear, but everyone who traded silver would use Shangai, or make private deals ( between a mine and company: or on a small scale, on E-bay etc). It is, already so. We can still sell or buy a US Silver Eagle ounce at say, £21 or £22 sterling. ( pounds - not dollars) Thats a fact.|
|As are First Majestic and others Golden!|
|Does anyone know offhand what the average silver AISC are here? I read through some of the rns reports including interims but I didnt see this figure nor the average price obtained for silver sales per oz.|
|Mexican Peso being pummelled into the ground, falling another c 2% TODAY!
FRES are going to be quids in!