Hochschild Mining Share Discussion Threads

[shakeypremis] 17/10/2016 12:50

Just makes for a greater coiled spring.

[lauders] 17/10/2016 12:13

HOC doesn't seem to have too many "friends" at the moment. Thought it would have had a better day than at present. FRES down too I see so of course nothing to be concerned about. They will likely go up one of these days!

PS. Agree with extraordinary after the last production figures and exchange rate considerations and general quality of the company and their transparent management. Go figure!

[hectorp] 17/10/2016 10:49

we agree, johntrustee.

Simontheist,
it's not an endearing quality to repeatedly cut and paste other peoples' posts for the sake of your own commentaries. Please try not to do it - a bad habit.
PS
.... nothing more today.

Topicel - I am sorry but - I agree with you that all the shares will fall when the market corrects , but if the gold and silver miners represent inherent value outwith the mainstream of company sectors they will recover very fast.

[edjge2] 17/10/2016 10:16

whole world is Simon, a reason to go for gold.

[johntrustee] 17/10/2016 09:39

Wirh HOC's gold and silver production priced in dollars and their earnings converted to pounds, and the dollar having risen by 20% against the pound in the past 3 months, then all other things being equal there should have been a 20% rise in HOCs share price. That plus a splendid set of quartely results we should have seen a good rise, say plus 30% to 340, but nothing. Extraordinary.

[dt1010] 17/10/2016 07:25

SG posting BS as usual no doubt. Empty barrells.....

[simonthe1st] 16/10/2016 21:24

Nice ramp. Very convincing.

NB Isn't Zimbabwe a bit unstable?

[saturdaygirl] 16/10/2016 20:40

Chip

You let the cat out of the bag well in advance , its a credit to you.

Sadly though i read the info i did not act on it !

But did remember your posts , to many shares and not enough time ..

[chipperfrd] 16/10/2016 20:32

SG,

Thank you for the mention, although I am not sure that I actually 'tipped' CMCL, as it's not my usual style!

I have not played it all that well as I have been free-carried for some time and I usually get a decent pull-back to keep the accumulation going. However, not so with CMCL, it has just kept moving up steadily since mid-May without much of a pause. So I don't have as many as I ought to have!

But a good little mine. No debt. Adequate cash. Steady production growth. Quarterly dividend and well managed.
Chip

[saturdaygirl] 16/10/2016 20:32

Have i fooled you with the reduction in the share price from your targets of £3.30 ?

Probably mot , maybe you are related to Nicola Sturgeon where by you post lots but it counts for nothin !

[saturdaygirl] 16/10/2016 19:47

Simon are you fantasizing about me , seems you need to mention me every post .. seems quite sad !

Stalker comes to mind

Kmon

CMCL was a chip tip and has done really well , check AAZ as well for the uplift charts .

[topicel] 16/10/2016 16:53

So Hectorp, a balanced portfolio! Whatever next?! Well, at least one that is balanced if you just play PMs and related sectors...

Reading between the lines, the crash of the equity markets, were it to happen, would drag down all boats including HOC. If one feels that is likely to happen - like when Hillary is confirmed as President-elect - then the sensible thing to do is to sell HOC first thing and await the tsunami.

Buy back in at, say, £2 a share or less depending on the size of the waves and avoid all risk and be first to profit as safe havens silver and gold start rising and the likes of HOC begin a relentless rise with them.

Makes me wonder why anyone is holding HOC at all...

Topicel

[simonthe1st] 16/10/2016 15:34

SimonThe1st16 Oct '16 - 12:39 - 7594:
"When stock markets crash, demand for safe haven gold and silver increases."

Between 9 Oct 2007 and 9 Oct 2009, the S & P crashed 56.8% but gold went up 25.5% and silver 1.1%.

Following which, gold and silver (and the gold and silver miners) soared in 2010 and 2011.

And let us not forget, HOC is also a gold miner. Why most here only refer to it as a silver miner is misleading. It even says it in the misleading thread title! HOC is 50/50 gold/silver!

[simonthe1st] 16/10/2016 15:08

HOC and the other miners have dropped because gold and silver prices have been temporarily manipulated down.

HOC and the other miners will go back up when market forces trigger a bounce in gold and silver prices and that could happen any day now.

Another big overnight bounce triggered by buying in the East could be imminent.

Market forces will always win, which is why precious metals and the miners have soared in 2016.

[hectorp] 16/10/2016 14:19

crikey here's a truism: ( Simontheist)
"When stock markets crash, demand for safe haven gold and silver increases"
my word.

I and others here have sat on gold and silver for nine years now, some, for 15 -19 years. I was a strong buyer in late 2008 at $500 -600 levels. Some of us have added and some have sold some for cash if need arose.
It is probably time to add to PM company shares such as HOC - but , should the stock markets actually crash or very seriously correct, HOC will also tumble. Only PM's give guaranteed insurance, if owned and in your own possession ( or in a safe where you have the key). But the Gold ETF's such as Vaneck iron out the probabilities of any one company having a bad year. So while their returns in a gold bull market are lower than that of any one share, they do provide an element of insurance in their price.
If I can be bold, I'd say around now, that a good spread of risk if a gold bug, or someone keen on gold and silver who want some upside could be 33% PM phys, 40% certain mining shares, and the rest in the Gold ETF. Silver Wheaton of course also offers some RTF style cover. Now in the event of say, a 25% major stocks correction, some PM's could be released to add to PM Miner positions for the next upswing. But I'd still sit on most of the metal and the ETF.

[k mon] 16/10/2016 13:30

Thank's SG - Caledonia - wasn't on my radar.


- It is now :0)

[lauders] 16/10/2016 13:07

Shows just how much analysts and their predictions are worth. Zilch! When they make upgrades the effect is usually nil to moderate. When they downgrade then the market takes notice. Everyone still "listens" but my experience is to take them with a large pinch of salt!

[simonthe1st] 16/10/2016 12:49

Let us not forget, Royal Bank of Canada's "Outperform" rating with a target of 335p for HOC was made on 3 Oct, before last Thursday's better than expected Q3 mining production results.

[simonthe1st] 16/10/2016 12:39

When stock markets crash, demand for safe haven gold and silver increases.