Hochschild Mining Share Discussion Threads

[petebreeze37] 13/5/2024 13:26

Looks like they are fishing

[stevea171] 11/5/2024 21:05

Michael Oliver: The coming gold, silver and miner mania will be epic. All have entered a massive acceleration phase that will light people’s hair on fire.

The PM miners have never in history been so cheap vs the S&P or vs gold. Fasten your seatbelt, this is the acceleration phase in front of us.

[stevea171] 10/5/2024 11:31

Watch silver! Silver $28.70. HOC is taking notice of this latest move in silver where it's rise has been leading gold for the past couple of days.

9/5/24 James Turk: We got a trifecta of breakouts today. Gold, silver, and the XAU Index of mining shares all hurdled above their resistance levels.

Spot silver ended trading in New York today at $28.55. Silver briefly traded above $28 for a few days last month. But the only other time on this chart that it traded above $28 was during the 2020 ‘Silver Squeeze’, when it nearly touched $30 before falling back at the end of trading that day.

Silver then began the long and tiring process of consolidating over the next four years. So as I mentioned on Monday, $28 is a more important resistance level than $30. And spot silver – the price at which physical metal trades – is back above $28.

So now let’s see if we get the upside follow through needed to confirm that the silver rocket has started climbing from the launch pad it has built over the last four years. When it does, I expect this launch will be a cataclysmic event that will rock the precious metals markets and the shares of the companies that mine gold and silver.

[knocknock] 10/5/2024 08:48

170 on the horizon

[rathkum] 09/5/2024 19:15

JPMorgan:

"HOC trades on 2024/25E spot EV/EBITDA 2.5x/1.7x vs precious metal peers average of 4.1x/3.4x. Our Price Target increases slightly to £2.40/sh (prev £2.35/sh). We reiterate our Overweight rating and reiterate our preference for HOC among EMEA Gold Miners given its strong FCF inflection, earnings growth, & inexpensive valuation"

[stevea171] 09/5/2024 18:53

This potential acquisition of Monte do Carmo is moving forward which could be a second 100k oz pa gold mine for HOC in Brazil.

TORONTO, May 6, 2024.
US$1 million received as second advance of Signing Loan under option agreement with Hochschild Mining Plc ("Hochschild").
Total of US$8 million received with remaining US$7 million expected to be advanced in June.

Cerrado Gold Inc. (TSX.V:CERT) announces receipt of the second advance of US$1 million under the signing loan entered into with Amarillo Mineração do Brasil Ltda. a wholly-owned subsidiary of Hochschild Mining PLC, whereby Cerrado has granted to Amarillo the option to purchase a 100% interest in the Company's Monte Do Carmo project located in the State of Tocantins, Brazil, for total consideration of US$60 million, as announced on March 5, 2024.

[cowie19] 09/5/2024 17:22

Joined the party today. Onwards and Upwards

[knocknock] 09/5/2024 16:32

Love this stock.

[stevea171] 06/5/2024 21:46

One of Wall Street’s most bearish skeptics told Business Insider last month that he thinks the “worst market crash since 1929” is coming.

[stevea171] 05/5/2024 11:56

Mara Rosa commercial operation to be announced next week?

[stevea171] 05/5/2024 10:00

Markets. Sell in May and go away?!

The US massive stock market bubble has come off its top and is due to pop although we have seen nothing dramatic so far. Up to now Western funds have taken little interest in gold or the miners as they chase momentum in tech, AI etc. But when stocks turn decisively down the momo merchants will be looking at losses in their favourite stocks and will look for what has been going up.

We have seen a minor pull back in the gold and miner markets for the last few weeks but this is just a pause on the way to much higher levels. It's likely that as gold moves ahead again funds will enter this space and take the miners a lot higher. Last month we had $2400 gold and $29.50 silver. Those prices can easily return and move higher. $3,000 gold by year end?

PM investors in general are not selling as they understand that this bull market in gold is just getting under way. As funds switch out of over valued stocks to way under valued miners this demand with little supply will force prices higher.

Silver miners like HOC have far to go as $30 silver is taken out and $50 comes into sight in the weeks and months ahead.

[knocknock] 01/5/2024 15:06

Cheeky top up

[rathkum] 01/5/2024 10:37

JPMorgan raises Hochschild Mining price target to 240 (235) pence - overweight

[knocknock] 29/4/2024 09:28

https://www.fxhedgers.com/p/good-as-gold?utm_campaign=post&utm_medium=web

[stevea171] 27/4/2024 13:42

ACLARA ANNOUNCES THE CLOSING OF THE TRANSACTION WITH CAP AND THE RECEIPT OF INITIAL PAYMENT OF US$9.7M AS PART OF THE US$29.1M STRATEGIC INVESTMENT

TORONTO, ON, April 17, 2024 – Aclara Resources Inc. is pleased to announce the closing of the acquisition by CAP S.A. (“CAP”) of its 20% equity ownership interest in REE Uno SpA (“REE Uno”), the Company’s Chilean subsidiary that owns the Penco Module project, and receipt by the Company of the initial payment of approximately US$9.7 million in connection with such acquisition.

The acquisition is made pursuant to the terms of the previously announced investment agreement entered into between CAP and Aclara on March 13, 2024. Under the terms of the Investment Agreement, payments are to be made in three tranches, of which the remaining two tranches in the amounts of US$12.5 million and US$6.9 million are to be made in January of 2025 and 2026, respectively.

[stevea171] 27/4/2024 10:37

HOC has improved their PR considerably under the new management.
Recent HOC short Corporate video from a month ago by CEO, Eduardo Landin.


Mara Rosa is likely to announce commercial operation in the next week or two following first pour in February and ongoing ramp up since then.
Video:

Inmaculada. 200k GEO pa. Long life gold/silver mine 2015 to 2044 or more.
Video:

[knocknock] 26/4/2024 09:25

Assault on 160 for next floor.

[stevea171] 25/4/2024 10:58

These two changes at the top for HOC seem to be doing a very effective job in their first year as CEO and COO respectively.
Landin knows the San Jose operation backwards as he started off with responsibility for that just after the start up in 2007 so he may be able to bring about improved operations and profitability there. Inmaculada, Mara Rosa and the portfolio of projects are all doing well or getting sorted out under his direction.
As a side benefit, I find his spoken English with Spanish accent much easier to understand than the previous CEO, Ignacio Bustamante!

The new COO, Rodrigo Nunes, it can be assumed is a Portuguese speaker and will be especially useful with the change of direction of the company towards new projects in Brazil - Mara Rosa, Monte do Carmo, Aclara (Carina). One big advantage of projects in Brazil is the permitting is done at State level not at National level as in Peru.

Eduardo Landin. Chief Executive Officer. Chartered Mechanical Engineer from Imperial College, London. He became CEO of Hochschild Mining in August 2023. Prior to that, he served as COO of the Company from March 2013. He joined the Company in January 2008 as General Manager of Argentinian operations.

Rodrigo Nunes. Chief Operating Officer. Mining Engineering degree, and a Master of Science, Mining and Mineral Engineering degree from the Universidade de São Paulo.
He was appointed COO of Hochschild Mining in August 2023. Rodrigo joined Hochschild in 2021 as Corporate Director, Technical Services & Projects, covering the Company's operations, development projects and M&A efforts globally.

[wisteria2] 24/4/2024 17:14

Going forward looking good ... nice rise in the share price again as the market likes. GLA

[stevea171] 24/4/2024 15:17

Inmaculada. During the second quarter, the Company expects to complete five remaining drill holes (approximately 2,500m of drilling) before commencing 11,000m of resource drilling in the Tesoro and Nicolas veins. Q1 drilling included:

Tesoro:
IMM23-361: 2.0m @ 21.4g/t Au & 1,284g/t Ag
IMM24-375: 5.0m @ 13.9g/t Au & 1,036g/t Ag
IMS24-213A: 3.2m @ 4.0g/t Au & 53g/t Ag
IMS24-216: 1.3m @ 1.2g/t Au & 216g/t Ag
IMS24-217: 1.5m @ 0.6g/t Au & 85g/t Ag

Nicolas:
IMS24-213A: 23.5m @ 4.8g/t Au & 164g/t Ag

[rathkum] 24/4/2024 14:20

RBC raises Hochschild Mining price target to 175 (150) pence - 'outperform'

[stevea171] 24/4/2024 14:18

CC 2pm today;
Mara Rosa ramp up is only about a week from commercial operation.

Inmaculada Nicolas vein drill results incl: IMS24-213A: 23.5m @ 4.8g/t Au & 164g/t Ag. Very near to Angela North mine development.

Permitting of Pallancata proceeding with good relationship with Government authority.
Any improvement on 2026? He can't say at this stage as still a lot of work to do.

Monte do Carmo. Waiting for some drill results to come back but hoping very much this will be turned into a new project for HOC.