Fresnillo Share Discussion Threads

[aleman] 25/4/2024 16:04

Still rising. MXN474 and MXN40,393. Silver and gold up as peso falls - best of both worlds.

[aleman] 25/4/2024 14:33

And still going up .... as the peso falls today ...


free stock charts from uk.advfn.com

[aleman] 25/4/2024 14:11

Defo creeping up again - but why? MXN471 and MXN40,080.

[aleman] 25/4/2024 12:31

Steady or creeping up? MXN469 and MXN39747.

[ukgeorge] 25/4/2024 10:36

Bart is a good analyst

[aleman] 25/4/2024 08:23

Steady @ MXN467 and MXN39610.

But still steady at very near top of 2-year range of closing highs. (360 to 480 / 32k to 42k)

[chestnuts] 24/4/2024 23:23

Its quite interesting that if you go back to the 24th Jan 2011 you will see silver pulled back to 26.5 ish this time its 26.66, now the bottom in March 2018 was 12.14

26.66 - 12 14 = 4.52 which is .382 of the total movement leaving .618 this is known as a golden section and the top of this wave is 49.8 which is roughly the same as the top in 2011 and the last time it was in this position it took 86 days to get there. Which will take all the silver miners with it. Even Fres.

[aleman] 24/4/2024 16:01

Stable, or creeping back up? MXN467 and MXN39813

[topazfrenzy] 24/4/2024 11:53

Should retest 500 before next leg up

[aleman] 24/4/2024 08:50

Fairly stable at MXN465 and MXN39460.

[chestnuts] 23/4/2024 17:14

I think my call on silver was pretty good,

[aleman] 23/4/2024 16:39

MXN prices creeping up again. MXN463 and MXN39482.

[trader465] 23/4/2024 09:14

FXPO production up 200% 😎


trader46519 Apr '24 - 10:38 - 20244 of 20281
FXPO a miner for the brave. If we get a sustained commodity rally or solution to the Ukraine war they could fly. Looks to be at good support, surprisingly liquid and tight spread

[aleman] 23/4/2024 07:48

MXN457 and MXN39340.

[ark87] 23/4/2024 04:02

This drop in silver/gold is a healty correction and its happening quickly which is even better. Gold will bottom around 2200 and never trade below 2k again. Just Wait and see

[15glenrose] 22/4/2024 18:43

Fres didn't actually have that bad a day considering the ridiculous drop in Silver and Gold price

[aleman] 22/4/2024 17:43

MXN460 -5.1%. MXN39,932 -2.4%.

[mr number9] 22/4/2024 16:52

I know where it leaves FRES. Like a drowning cat put into a sack with a couple of rocks, tied up, tossed into the harbour, and sunk down to the cold black murkey depths in the dead of the night.
And that's just the begining. You ain't seen nothing yet.

[ark87] 22/4/2024 14:01

Gold to $2200 and silver $25.5. Not sure where that leaves FRES

[kennyp52] 22/4/2024 09:26

Wallywoo .. depends on the financials .. how much profit has the sliver and gold price added ? How will that be interpreted by investors new and long ? Could just as quickly rise to 800p+

30 day gold up $200 per ounce

30 day silver up nearly $4

🤷‍a94;️

[wallywoo] 22/4/2024 09:21

I fully expect the gold and silver price to take off again from mid August to December. Indeed I think this will be a huge year for the precious metals.

[mr number9] 22/4/2024 09:06

Looks like the crash is starting. Still time to get out and SELL I suppose. Buy something for the family instead of flushing it down the sewer.
Not good, maybe it's over.

[wallywoo] 22/4/2024 09:02

Potential buyers of fres need to realise that the gold and silver price is normally cyclical. The worst months for the price are very often April, May and June. Very occasionally the gold price shoots up anyway (last time was 2010). But the odds are prices will be under pressure.


So I fully expect a pullback here over the next month or so. However, I then believe it will take off again.

[aleman] 22/4/2024 08:15

MXN472 and MXN40131. Silver is still at the top of its two year price range and gold is still at the top of its 4-year price range.

[j5thumbs] 22/4/2024 08:14

Gulf states putting pressure on Iran to calm things down?