Hochschild Mining Share Discussion Threads

[onedayrodders] 21/2/2017 10:39

continued weakness in the Asia sessions is perplexing

[onedayrodders] 21/2/2017 10:37

NRC .. with paper shorting there doesn't need to be a reason

[marcusm1000] 21/2/2017 09:56

That dollar does`nt appear to be rolling over!!

Expected fun and games tomorrow with the contracts closing friday, seams they brought it early!!!!

[stevea171] 21/2/2017 09:46

HOC FY Results were 9th March last year so it's likely we're only a few weeks away from FY 2016 results.
A date is likely to be posted next week.

[nrc] 21/2/2017 09:45

Any thoughts on what has caused this morning's recent dip in PMs? Seems like Gold is the worst?

[shakeypremis] 21/2/2017 08:35

Dollar trying to complete head and shoulders pattern or push higher it seems

[february 30th] 20/2/2017 20:55

What, crashing the silver price with one post on this BB?

[onedayrodders] 20/2/2017 20:48

good luck with that edge

[edjge2] 20/2/2017 20:04

Just came across silicon as a solar energy collector more efficient rival to silver.

[edjge2] 20/2/2017 18:33

wierd am downer today while PMs up.
Looks alittle like inverse H&S, 190 as head.

[dt1010] 20/2/2017 16:58

Yes, back up it goes

[onedayrodders] 20/2/2017 16:44

looking good again

[dt1010] 20/2/2017 12:06

Yes H. Buff agrees.

[stevea171] 20/2/2017 11:40

Freeport McMoRan's Grasberg mine in Papua, Indonesia shuttered due to dispute with the Government. Grasberg is a copper/gold/silver mine - the largest gold mine in the world and the third largest copper mine.

In 2016, the iconic mine produced more than 500,000 tonnes of copper and over 1 million ounces of gold.

"For each month of delay in obtaining approval to export, PT-FI’s share of production is projected to be reduced by approximately 70 million pounds of copper and 100 thousand ounces of gold."

[hectorp] 20/2/2017 10:49

steve that is good, we don't want a fatality situation running on .. sadly though for the miner and relatives all to close and personal of course.

[hectorp] 20/2/2017 10:43

this links with breaktwister 's above: for gold, silver will move better.
the " dummies" mentioned are not stackers or silver investors.!
He is not even a big bull of gold, but does mention a possible $25 high this year for silver and if so, HOC will achieve that 500p number. ( I know- some will say more)

[dt1010] 20/2/2017 09:18

Agree Steve.

[stevea171] 20/2/2017 09:01

Every accident is different. Clearly work is on-going and incomplete to satisfy the Peruvian Mines inspectors.

HOC will likely make an announcement before next Monday when it presents at BMO Global Metals & Mining Conference, Florida and will be subject to public questioning.

[breaktwister] 20/2/2017 08:26

I see PAF had a fatality and issued a detailed RNS on the cause, length off time mine expected to close and revised target figures. We haven't heard a peep from HOC for 3 weeks now.

[rathkum] 19/2/2017 21:57

Want to trade gold rally? Go for silver

[risa5] 19/2/2017 21:34

Re Platinum, SLP has been doing well recently has over £12m in cash no debts and M Cap of about £40m.

[dt1010] 19/2/2017 18:05

Right now, Faber is warning investors that both stocks and the U.S. dollar are overvalued. With Donald Trump in the Oval Office, investors need to adjust their portfolios and go long on gold shares, silver shares, platinum shares, physical gold, physical silver, and physical platinum. (Source: “Marc Faber: Good Times Ahead for Precious Metals,” Fox Business, January 17, 2017.)

As investors begin to see the significant risks with the dollar, stock market, and U.S. economy, Faber believes that money will begin to flow into precious metals over the next three to six months.

So, what is the Marc Faber prediction for gold and silver? When it comes to U.S. equities, the only space that Faber likes right now is gold, silver, and platinum stocks. While gold prices are up almost eight percent since the beginning of 2017, they are still down three percent since the U.S. election. Silver prices are up more than 13% in 2017, but are also down around three percent since the election.

Faber believes that physical gold and silver—as well as gold, silver, and platinum stocks—are attractive at these relatively lower levels.

[lauders] 19/2/2017 11:31

Granted stevea171. It is all up in the air at the moment. Will just have to see how things develop.

Just over a week before HOC are present here:

Will be very interesting to see what they say about the accident and what has been done to try and prevent anything similar occurring. I am sure they will want some good news by the 27th!

[stevea171] 19/2/2017 10:49

Lauders. These are proposed changes only at this stage. No decision has been taken on any of these possible changes:

"The review stems from the 2015 merger of FTSE and Russell — two of the world’s biggest index providers at the time — which have historically used different methods to determine nationality. While FTSE Russell aims to apply the changes by June, Societe Generale analysts argue this is “too soon.”

“Our feeling is that any consultations or changes should be carried out due to investor demand or necessity and not driven by two providers coming together,” they wrote."