Fresnillo Share Discussion Threads

[mrthomas] 09/11/2016 11:25

Well made my profit again so sold out this morning no idea how this market will pan out but sure there be lot more up and down

[goldenshare888] 09/11/2016 11:02

No problem arja, respect for your acknowledgement.We are all learning......

Still much further to go here and HOC even more so in my view.

I hold both.

[arja] 09/11/2016 10:18

goldenshare - yes , I was wrong and well done to those holding the stock . I tend to just trade and some good opportunities today aa all the mining stocks rocketed after a weak start . markets fool us sometimes .

[hectorp] 09/11/2016 09:11

As expected ( good rally started ) though I didnt really expect Trump to win he should be great for PMs and at least not negative for them, I agree with tyler d above.
I had a short on silver for two days but fortunately closed it before the election started.
FRES could well benefit - as it has already,
miners in Mexico, could benefit from falling peso ( costs in pesos)
and lets have a look at Fort Knox and get an audit.

[discodave4] 09/11/2016 09:04

TopNot really, have a long term hold here so IMV it was a win win, that said did off load the top up first thing.......profit is profit.DD

[tyler durden1] 09/11/2016 08:40

Great result for people, bad result for criminals posing as politicians
Great result for oil, bad result for subsidy grabbing climate change doomsters peddling a falsehood
Great result for gold and silver, bad result for the paper merchants and government printing machines that churn out ever increasing amounts of fiat money and then have to manipulate precious metals, oil and gas

[topicel] 09/11/2016 08:39

Brave timing Disco. Now to be really brave and ignore the inevitable volatility today as people take their ten per cents and it fluctuates wildly. This market will try and con peeps out of their shares.

Trump will sound conciliatory but there is such massive uncertainty as to what his plans are the safe havens must prosper going forward until at least the Fed meeting. Oh, and by the way folks (to coin his favourite phrase), he is openly hostile to the Fed and what they've been about and Yellen in particular. Not a recipe for calm.

Two months until he gets into the White place anyway. The gold calls are only likely to rise to the rumoured $1400 an ounze IMHO.

Topicel

[goldenshare888] 09/11/2016 08:20

Exactly Top.

A double whammy for FRES!

[topicel] 09/11/2016 08:05

The devaluation in the Mexican peso means labour in the mines will be cheaper and adds to the bottom line for Fresnillo via the wage bill.

Oh, and a little matter of increased interest in what we are producing in silver and gold won't hurt either. Expect volatility as sensible people make the calculations and buy on any dips as all boats go out with the tide etc...and the wider market will be royally roiled.

After that, like with Brexit, safe haven stocks and related assets to PMs will be secure buys. IMHO.

Topicel

[goldenshare888] 09/11/2016 07:30

Jeez!

How wrong can you be?

Margin expansion is going to be terrific.

What an opportunity.....

[arja] 09/11/2016 05:06

so will be big drop in earnings as Mexican currency will have tumbled i guess on back of Trump victory - sad times !!

[arja] 09/11/2016 04:51

although good price has rocketed , will FRES respond ? Does it have Mexico links as I know nothing about the fundamentals of this stock ?

[mrphiljones] 08/11/2016 12:34

I wonder how "None of the above" would fair as president of the USA?....

[topicel] 07/11/2016 18:28

Indeed, it would appear someone is directing particular pressure towards Fresnillo, possibly because it has a significant premium?

Topicel

[mrthomas] 07/11/2016 18:17

In again but not sure why the price gone down when other in the sector have gone up today

[mrthomas] 05/11/2016 18:51

Well this volatile share could make us profit again as it around low 16 tired to buy in on Friday but was not able to. It can get in at 16.05 will be buying think who ever wins this stock will go up may be not as much if Trump does not get in

Going to be fun and games next week

[goldenshare888] 05/11/2016 18:47

Trump could develop the wall and then complain about the sub contractors workmanship and not pay the bill!

Apparently he has form in this area!

[discodave4] 04/11/2016 18:49

People will be piling into PM's as a safe haven if Trump wins.The wall won't happen no matter what IMO.DD

[icydee] 04/11/2016 14:58

Don't be so sure that a Trump win will be a win for Fresnillo, for Silver prices in general yes, but remember Fresnillo is predominantly Mexican and Trump says he will make Mexico pay for the wall...

[goldenshare888] 03/11/2016 07:18

GOLD & SILVER YAWNING AND STRETCING THEIR LEGS AFTER 5 YEAR SNOOZE!

New highs beckoning.

[discodave4] 02/11/2016 20:29

MRTNice one!I'm still not quite at break even, buy and hold for me though.Let me know where your going next for your 11% profit! Lol.DD