Hochschild Mining Share Discussion Threads

[pillion] 16/3/2017 20:42

On track -- Full Steam Ahead !

[dt1010] 16/3/2017 20:05

400p nailed on - this is exactly what said earlier on today- on here- by June.

Mir copying me?!

So much for the gap, juju ;)

[edjge2] 16/3/2017 20:04

Found this yank seems good understandable report with reason for weird stuff



JNUG not getting hammered over there after 30%+ rise yestertag so rise to continue?

[banj] 16/3/2017 19:14

That will do for now Rath, 400p. Thanks for sharing ;)

[rathkum] 16/3/2017 18:48

Hochschild Mining: Above 50 day line could lead to 400p
By Zak Mir 16 March 2017

“Swing back to profit” is a favourite phrase as far as many a stock market company is concerned, and was applicable to Hochschild Mining (LON:HOC) earlier this month.

It would appear that as of 16 March most of the fundamental and technical stars relating to Hochschild Mining are very much aligned. This is said in the aftermath of the update earlier this month when the Peru focused gold and silver miner was able to boast a vastly improved year on falling costs and rising commodities prices. The big plus though, was the shift back to profitability, an event which is almost always significant, on a technical as well as a fundamental basis.


What can be seen on the daily chart is that the stock had already been anticipating the return of the good times from as long ago as this time last year when the price action cleared the 200 day moving average, then around the 70p zone. Indeed, there has only been a brief period since when the 200 day line was breached – on the December dip for the shares.

The view now in the wake of the latest gap to the upside through the February resistance zone is that while there is no end of day close back below the 50 day moving average at 251p – the trailing stop loss – we could be treated to a top of May 2016 price channel target as high as 400p over the next 3-4 months.

[hectorp] 16/3/2017 18:46

I'd like more at 228 as well, my last entry price, but - I wont see it. I can't complain about reducing at 272/3 now but a few K's worth is still doing me proud.
#- I'd like the 272's back now though.

[dt1010] 16/3/2017 18:06

.Like to see them try. I will buy more.

[shakeypremis] 16/3/2017 17:49

I would expect some skullduggery as institutions attempt to get the shares for a lower price today's. That's usually what happens when big orders are made.

[goldenshare888] 16/3/2017 17:38

MR HOC keeping controlling stake of 51% for the foreseeable future bodes well and protects us from a cheeky takeover, while the value builds!

NICE!

[goldenshare888] 16/3/2017 17:35

Institutional buyers WANT IN and they HAVE to keep them for at least 6 MONTHS after the book-build placing!

IN 6 MONTHS TIME THEY SHOULD BE MUCH HIGHER. (550P?)

GOOD NEWS FOLKS.

:)))

[topicel] 16/3/2017 17:31

Eduardo needs some dosh by the looks of it. And still retains a controlling 51% so given the 'placing' seems to very well accepted based on the price movement today by the big boys, we should see this as a floor now.

280p perhaps is the deal?

Let's have more interest on this being reported tomorrow and see the back of 300p. The buyers won't be taking these with an eye on a few percent gains either IMHO...

Topicel

[nrc] 16/3/2017 17:29

Proposed Placing of Hochschild Mining plc Shares...

Having re-read this a couple of times, it seems that it relates to Eduardo Hochschild offering a small % of shares he holds in Pelham to institutions. No additional shares and no changes to listings etc.

Have I missed anything? Any other pitfalls or catches for us private holders?

[dt1010] 16/3/2017 16:16

Dingo

'it'll be the same old thing as always happens, war before default.
sell dollar buy pm's'.

100% on the money there.

Nice close.

[hectorp] 16/3/2017 16:15

I agree with likely stagflation in the US as T Bonds are getting repatriated however there is no growth in the economy ( as per UK it is hard to see where the Government can raise extra taxes - they want to cut them )
= $1400 gold by October. ( and $21 silver)

[onedayrodders] 16/3/2017 15:39

just as I was saying

RBC: "The Fed Is Now Forced To Walk Back The Market's Incorrect Dovish Interpretation"

"... the Fed will now view the market response as an ‘overshoot,217; and will perversely be forced to ‘walk-backR17; the ‘incorrectR17; dovish market interpretation with more hawkish rhetoric in coming weeks / months that will again whipsaw the rates market and likely-drive cross-asset vol higher."

[majorpain2] 16/3/2017 15:05

I agree the market has realised the emperor has no clothes IMO, I did wonder earlier in the week if the rise in HOC would lead to a rise in PM's off the results. The reporter was asking the right questions, a rate hike on weak Q1 GDP + rising inflation = Stagflation. Gold loves stagflation.

[lauders] 16/3/2017 14:41

It may actually be positive for a slight drop at this stage before the next major leg up. I would seriously consider a top-up in such a scenario now that the rate decision has been made. I was too hesitant before the announcement & now it is in the public domain I would be "happier" to commit. In the meantime I will still enjoy any rises ;-)

[onedayrodders] 16/3/2017 14:36

The FED jawboning will start shortly

[onedayrodders] 16/3/2017 14:35

More signs the FED credibility is finally cracking ..

Startled Reporter Asks Why Yellen Hiked With GDP And Real Wages Sliding: Here Is The Response

"What happened between December and March? GDP is tracking very low. Measures of labor compensation are not threatening to boost inflation any time fast. The consumer is not picking up very much. Fiscal policy [is uncertain]. And yet, you have to raise rates now..."

[dingo75] 16/3/2017 14:16

yellen is tied, she can't raise rates much or the US would implode, everyone's half way to cardboard city already. but inflation will carry on rising and it'll be the same old thing as always happens, war before default.
sell dollar buy pm's.

[onedayrodders] 16/3/2017 14:15

"This Is Not The Reaction The Fed Wanted": Goldman Warns Yellen Has Lost Control Of The Market

Q: Do you think the FOMC was aiming for this outcome?
A: No, almost certainly not



Get ready for a raft of random statement from various FED officials as they try to recapture control .. I'm banking of the usual ... "An April rate hike is not off the table" !!!

[rathkum] 16/3/2017 14:12

Silver Seen Climbing Faster Than Gold as Yellen Wakens Bulls

[onedayrodders] 16/3/2017 14:02

Nymex resisting .. as usual