Hochschild Mining Share Discussion Threads

[stevea171] 17/3/2017 11:44

Eduardo took up all his rights in the past two capital raisings in the past few years to maintain his interest at 54% during difficult and high risk times for the company. These were at 150p and 47p when Inmaculada development over ran and the company had fallen into loss making. The company had to take on a lot of debt then start to de-leverage quickly.

I suppose it's natural he wants some of that capital back now that the company has shown it's back to a clean bill of health and stronger than ever before ....

[onedayrodders] 17/3/2017 11:29

Down to the placing rice ..or should I say juju's gap

;o)

[shakeypremis] 17/3/2017 11:24

Seems it was written in the stars that we'd have to close that gap.

[greenrichard] 17/3/2017 11:06

edgie - It hasn't raised any capital for the company. It wasn't a placing by the company.

[breaktwister] 17/3/2017 10:11

Whats goin on, my broker has frozen a lot of markets?

[edjge2] 17/3/2017 10:10

Looks a bit OTT, perhaps 190 was a 39p moment but $1150 gold was being suggested by some. Seems unlikely now. Assume this has raised more capital for co and edwardo keeping 51% so safe there. Divi reinstated too. Wonder where April 6 brings this lot for ISA season? An aeon away on the rollercoaster but seems in an up channel.
N. Koreans to play up before then, if not spratlies in S. China Sea. War drums unfortunately.
Agree H looks like an inverted H&S forming on chart.

[onedayrodders] 17/3/2017 10:07

np ..either way I don't see him ever giving up his controlling interest

[goldenshare888] 17/3/2017 09:58

Watch SILVER & GOLD rise now...........

[goldenshare888] 17/3/2017 09:53

Rodders, apologies, fair enough.

[juju44] 17/3/2017 09:38

DT - a gap is a gap . Sour grapes

[breaktwister] 17/3/2017 09:34

SB long at this price in addition to my core SIPP holding (never sell). Bullish PMs, bearish USD, no brainer.

[onedayrodders] 17/3/2017 09:28

goldenshares .. I think you read the RNS wrong.

It's Eduardo who agreed not to sell any more within 180 days and not the new investors ...

"Mr. Eduardo Hochschild intends to retain a controlling shareholding in the Company for the foreseeable future and the Seller has agreed that it will not, for a period of 180 days after completion of the Placing, offer, sell or otherwise transfer any shares from its remaining shareholding in the Company, subject to customary exceptions."

[kryptonsnake] 17/3/2017 09:23

Ibstock did a book build placing last week, there was a big seller wanting to reduce. The placing price was £2. It fell from about £2.15 to just above £2, and is now back above £2.15. Just something to compare with!

[kryptonsnake] 17/3/2017 09:19

This is a good buy in / top up opportunity. I have just got some at 275, the downside here should be limited. If silver holds up well then 270 could become a solid support level.

Looking to add more soon hopefully!

[dt1010] 17/3/2017 09:02

Haha sour grapes juju, you knew about the placing as well I guess? Lol

[onedayrodders] 17/3/2017 08:58

no offence juju but the placing has caused the drop not your gap down prediction, hence we were down 5% before a single k'n trade on the open.

mm's love a placing to cause volatility

[hectorp] 17/3/2017 08:56

ju , your train came into its station, gap.

[hectorp] 17/3/2017 08:55

still over 4 months the chart has broken out , looks a rather fine pattern with the low in the middle, might be a classic inverted H&S.
Anyone not holding? now's a decent looking spot!
H

[juju44] 17/3/2017 08:54

Rods , I saw a gap up yesterday which I highlighted saying it would have to be filled.
- and guess what . Now where is that DT guy ?

[onedayrodders] 17/3/2017 08:49

so you saw the 270 placing in your tea leaves juju ?

[juju44] 17/3/2017 08:34

Now what did the tea leaves say about a gap. Funny how a word of advice generates rebuke when it is unpalatable

[hectorp] 17/3/2017 08:31

I feel the drop this morning is more co-incidental, or simple gap filling.

[dt1010] 17/3/2017 08:25

Have bought more 275

[goldenshare888] 17/3/2017 08:09

It's one day.

BIG BOYS have decided it's worth 270p a share to them to grab 3.1% and hold for 6 months minimum.

Small and medium-sized buyers from now on will probably have to pay more, it is just the way it is.

It's the price going forwards that interests me, not today's.

:)))

[onedayrodders] 17/3/2017 08:04

Damn that fkd up my plans for today