Hochschild Mining Share Discussion Threads

[stevea171] 11/1/2017 20:25

Gold Nears $1200 As The Dollar Tumbles To 2017 Lows
Jan 11, 2017 1:30 PM

Gold is now up almost 4% year-to-date, approaching $1200 - 8 week-highs - as the USD Index plunges to 2017 lows after Trump's disappointing press conference...

Trump Presser Ends, Details Underwhelm: Gold Gains As Dollar, Dow, & Drug Stocks Drop

[saturdaygirl] 11/1/2017 20:14

I have no idea what all that means .

[saturdaygirl] 11/1/2017 19:57

The Upside To This Hated Asset Is 50% Within Six Months

[saturdaygirl] 11/1/2017 19:41

edjge

Good charting

My version is just dotting the I`s and crossing the T`s

[onedayrodders] 11/1/2017 19:36

if only it were that predictable we could all have retired by now

[edjge2] 11/1/2017 19:18

Yep: agree, looks like an inverse H&S developing after drop to 217 here.

[edjge2] 11/1/2017 19:16

Trump never vaccinated so his first steps to medical freedom, probably won't help pharma. Suspect any president trapped actionwise. Vaccination still not mandatory here, virtually is in USA, Aussie. Toxic and unlikely effective ie flu jab.
Jan 20 might be surprising if big shooting starts american style. Patriots likely to complete, if the marines unable to.
I'm sure he will sort some stuff and change USA.
1200 might be popped big time in above case.

[dt1010] 11/1/2017 17:38

Let's face it. Hillary is a lot worse than Trump.

But man, Trump is a walking diaster zone.

[hectorp] 11/1/2017 16:53

Trump speaking ( Peri) He will hammer the Pharma companies to get drugs down.. short pharma if interested...

He will get pricing down on arms developments eg aircraft for the Navy.....

Did Putin order the hack, he is asked... " I am not allowed to talk about classified meetings.. it is a disgrace that this fake phoney news, got out into the public...
sick people got this stuff together.. it should never have been released...
as far as hacking I think it was RUSSIA... " He accepts that!
- the Economy has not been once mentioned.
- everything about him or his team is " great.. brilliant.. excellent".

We need people who are excellent... our epople are doing very very well.. " Mentioned China but no details.
Obama care... " you'll be very proud what we put forth... Obama care is a complete total disaster... 2017 will be catastrophic .. We dont want to own it... we will submit.. a PLAN, repeal and replace, Obamacare.. Obamacaare .. we will do people a tremendous service, we do the Democrats a great service taking it off ths shelf...a new helthcare far LESS EXPENSIVe"
very complicated stuff,, and get a bill passed, ...

[shakeypremis] 11/1/2017 16:34

did the chart say that when it went down to 188 or whatever it was recently? or is that a more recent price target from charts?

[dt1010] 11/1/2017 16:33

Nice recovery for silver, thanks to the Donald.

Harry Dent, have decided not to worry about his predictions.

[andyc100] 11/1/2017 16:33

Chart says 2.10 in my opinion - inverse head and shoulders - then up to 2.80

[bigboots] 11/1/2017 16:11

Chart say £1.99 thats my entry point

[bigboots] 11/1/2017 15:47

Dollar..... thats it

[shakeypremis] 11/1/2017 15:35

Does anyone know what dropped gold and silver this afternoon (if anything)? Or was it just the Nymex resuming normal service?

[onedayrodders] 11/1/2017 15:29

it would seem HOC's hesitating share price is very good indicator that PM's are not ready to blast through current resstence yet

[saturdaygirl] 11/1/2017 11:55

5. Gold hits fresh 6-week high before Trump appearance

Gold prices rose to a fresh six-week high on Wednesday, amid increased safe haven demand ahead of Donald Trump’s first post-election news conference later in the day.

Gold touched an intra-day high of $1,191.00 a troy ounce, a level not seen since November 30 and was last at $1,188.35, up almost $3.00, or 0.3%, after ending Tuesday's session little changed.

The precious metal has been well-supported in recent sessions after minutes from the Federal Reserve’s December meeting unsettled investors’ expectations about the pace of future interest rate hikes.

A delay in raising interest rates would be seen as positive for gold, a non-interest-bearing asset, and negative for the dollar.




So lets see what Trumpy has to say at 4pm ?

[dilbert dogbreadth] 11/1/2017 11:48

Im sure I read Harry Dent when arrested and jailed went in a gold bug and miraculously came out a gold bear.

Perhaps they let him out early if he 'behaved' himself

[shakeypremis] 11/1/2017 09:49

Yes, the Pallancata dispute could well be weighing on the share price.

[stevea171] 11/1/2017 09:36

The share price performance of HOC recently has been somewhat muted despite the revival of interest in the PM miners and the PM's. Some factors for this were mentioned yesterday ie Sp resistance at 240p and silver resistance at $17.

Then there are Broker recommendations that some investors follow. On Monday Barclays came out with a 230p target and ‘Equal Weight’ rating. I pay no attention to these target prices as the Brokers are usually way behind the curve but some investors do.

Another factor could be how the company is dealing with the dispute (advised 15/12/2016) affecting it's mine at Pallancata, Peru. Although Pallancata production is only about 10% (3.5 - 4 million Ag equiv oz) of total production and not affected for last year there may be a concern production there will be affected going forward where production from the new Pablo vein was due to start approx "end 2016" and to increase the contribution from this mine. This Pablo vein start up was qualified by:
Pablo "2017 production levels subject to pending environmental/operational permits - expected Q1 2017"
The dispute involves new compensation claims that have unknown legal merit by the indigenous people of this area.

Q4 and FY production results are due out next week which are expected to show latest revised upward guidance of 35 million Ag equiv ozs from only 3 months ago beaten by a decent amount. It is usual at this time to issue guidance on production for the coming year, 2017, as well as to have a conference call for Analysts and investors. How these elements are handled and what is said could give rise to share price volatility either way imo.

[shakeypremis] 11/1/2017 09:34

Sigh, HOC just doesn't want to break 240p. Other PM miners progressing well. I have no doubt it will break 240p (caveat: if the PM rally holds) and when it does it's probably going to catch up with everyone else in a day or two as is customary for HOC.