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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Hochschild Mining Plc | HOC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -1.00 | -0.54% | 182.60 | 10:08:19 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 182.20 | 180.00 | 185.60 | 183.60 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 02/2/2025 10:22 by stevea171 The Secret Reason USA Wants Its Gold Back! It’s Not Tariffs.By Vince Lanci. January 31, 2025 The question as raised by ZeroHedge is: What has spooked the world’s savviest investors to suddenly park as much as gold in vaults some 100 feet below Manhattan all of a sudden? The answer offered is: Just as Gold and Silver were expatriated stateside during Covid it is again being bought. The price of gold futures in the US remaining much higher than in London just might have little to do with Trump tariffs and more to do with the US needing its metal supply chain reshored. In a word, Repatriation is part of the implied answer. Repatriation to what ends is the final question we all hope to have the answer to soon. www.scottsdalemint.c |
Posted at 30/1/2025 08:32 by stevea171 FT Headline: Gold stockpiling in New York leads to London shortage.Gold Delivery Times from Bank of England/ London Bullion Market Association (LBMA) Now 4 to 8 WEEKS! Deliveries of Gold Bullion from the Bank of England and the London Bullion Market Association have suddenly gone from just a few days to now four (4) to eight (8) WEEKS for people to get their physical Gold! This may be the biggest news in the Gold Market since then-UK-Prime Minister Gordon Brown pre-announced the sale of half the UK's gold. This is serious; perhaps VERY serious, for the Bankers, especially the Bank of England. This news began with a story in the Financial Times of London (FT) titled "Gold Stockpiling in New York Leads to London Shortage." The story revealed that the wait time to withdraw gold from the Bank of England (BoE) has risen sharply as fears of Trump Tariffs drive shipments to the U.S.A. Why this is serious is because, according to the Bank of England's December 1, 2024 report, they hold 5365 metric tons of Gold, which is the equivalent of 172.5 Million Ounces. Yet the BoE has apparently "Leased-out" a LOT more Gold than they are holding. Investors know that leasing out more than Banks hold is the engine of the (endless) supply of "Paper" Gold. The banks sell/lease the same "ounce" of Gold to hundreds of different buyers, HOPING they won't demand delivery. The Bank can pocket the fees on all those non-existent ounces of gold as long as not too many people demand physical delivery of it. One of the results of this arbitrage is that Bankers can keep the price of Gold SUPPRESSED because the shear volume of "paper" gold sales dwarfs the sales of physical-delivery Gold. Is Bank of England DEFAULTING? According to the article in the FT "A surge of shipments to the US has lead to a shortage in London, as Traders amass an $82 Billion stockpile in New York over fears of Trump Administration Tariffs. Then, the kicker: "The wait to withdraw bullion stored in the Bank of England vault has risen from a few days, to four to eight weeks, according to people familiar with the process as the Central Bank STRUGGLES to keep up with demand." Sources in the field say "people can't get their hands on Gold because so much has been shipped to New York . . . and the rest is stuck in the Que. Liquidity in the London market has been . . . diminished." according to one Executive in the Bullion field. The problem here is simple: You either have the Gold, or you don't. Worsening the situation is that the BoE DECLINED TO COMMENT. This is now confirmation that the Bank of England is in big trouble. The FT article goes on to report "Since November's U.S. election, Gold Traders and Financial Institutions have moved 393 Metric tons" which isn't even ten percent of what the Bank of England CLAIMS it has. So why the four week to eight week delay now?????? These Gold shipments have reportedly been delivered to the COMEX Commodity Exchange vaults in New York, driving up COMEX inventory levels nearly 75% to 926 Tons, the highest level since August, 2022. The FT goes on to report "Total Gold flows into the US could be far higher than the COMEX numbers reflect because there are likely to have been many additional shipments to private vaults in New York owned by HSBC and JP Morgan." Both of those banks also declined to comment. Market players are asking a simple question: If the Bank of England publicly reported they held 5365 Metric Tons of Gold in their Vaults as of December 1, and only 393 tons have been shipped to New York, why is the Bank having trouble delivering Gold for four to eight weeks? This is one of the biggest stories in the Gold Market in maybe 30 years. This situation could expose a hideous reality: What if the Bank of England has NO GOLD? First, where did it go, and second, this could utterly smash the entire "paper" market for Gold. After all, who in their right mind will buy "paper" gold by believing anyone claiming to be holding tons of Gold if the Bank of England lied about __theirs???__ The "paper" Gold market would likely implode if it comes out that BoE has no Gold left. An implosion of the paper market would free the Gold market from "paper" influence, and send the price of the precious metal skyrocketing. Many, many people around the world are taking serious notice of this situation. Very hard questions are now being asked of the Bank of England, and a LOT of "paper" gold investors are now wondering if they will ever get the gold they "bought" but allowed the BoE to hold? |
Posted at 23/1/2025 17:47 by rathkum Why I am heavily topping at this overblown price level in reaction to higher AISC and there is reasonable chance it may get revised down to the lower level with the March result announcement. Here's why-the Trump trade1. Lower Dollar 2. Lower oil price 3. Lower rates 4. Potential for higher gold prices Trading at a 5 FCF multiple, Investors have lost their minds. |
Posted at 15/1/2025 10:04 by burt777 I Expect investors are savy enough to know HOC is now essentially free of all the main hedges now and factor that from this point forwards. It’s only going to take a few Quarters to really show the new cash generation here. Better to position and not second guess. Q3 was a 45 million pound debt repayment. Debt will be gone this year and into surplus.Had to laugh also when sotolo talked about 2000 gold , the man’s so off reality it’s laughable. The world is absolutely in a dire state economically with inflation ripping through and every headwind is supporting gold and all the central banks are buying. 3000 gold is where we are going not 2000 Clueless |
Posted at 10/1/2025 18:03 by fieldhouse HOC get’s a mention in today’s Investors Chronicle .2025 Great Expectations stocks. A good forcast |
Posted at 10/1/2025 11:29 by stevea171 Steve d t. I bought 'Investment Biker' when it came out in the 1990's. I thought it was a fantastic read and very inspirational.Jim Rogers is far from a 'Hairy Biker'! I have followed his career ever since though he does not seek self promotion or publicity his investment views are widely valued. An unusual guy. An American domiciled in Singapore with a much younger wife and child who has been brought up to speak fluent Chinese as well as English as he saw the 21st century to be a changing of world power towards China. Yes, countless predictions of the gravy train in stocks coming to a calamitous end over the years, many of which I have read. Current expectation is that the next 4 years with Trump will be a 'golden age' which would be very nice if it were to happen. But US society, debt, bubble stock market are at crisis points and can't be fixed by waving a magic wand. So imo and for many professional investors a crash is baked in the cake only question is the timing. I am not selling my miners. Likely they will take a hit but bounce back whilst the rest of the market takes a much needed cold bath and falls massively to much lower fair value. |
Posted at 24/12/2024 19:46 by stevea171 HOC invests US$5 million in Aclara's US$25 million fund raising placement to maintain its 19.65% holding. Eduardo invests also to maintain his 37% holding in Aclara.ACLARA ANNOUNCES PRIVATE PLACEMENT OF US$25 MILLION AT 41% PREMIUM WITH STRATEGIC INVESTORS. The Company has entered into a subscription agreement with each of CAP S.A., Hochschild Mining Holdings Limited and New Hartsdale Capital Inc. wherein under the terms of the Subscription Agreements, each of CAP, Hochschild, and New Hartsdale has agreed to subscribe for and purchase from the Company 22,163,143, 10,260,715 and 18,879,715 Common Shares, respectively. Currently, Hochschild holds 19.5% and New Hartsdale holds 36.9% of the issued and outstanding Common Shares of the Company. |
Posted at 22/10/2024 14:34 by putinaire New world kid.Investors are just for mincing now. ETF's have sucked trillions out of traditional stock investing. And with quantitative easing and free money all nearly over, the affects of said will amplify soon enough. As for your disdain with traders.... You really think you could make 2 pence without them? A 10 billion buy aint going anywhere, if no traders dude. Need to respect whom make this a valid game for you No traders ....investors dead in the water Best to be both so you understand the whole market really |
Posted at 17/10/2024 17:55 by rathkum Scroll down for a write-up on Hochschild. Is this what fueled the rise today on high volumeOpinion 17 Oct, 2024 David Kempton: I’m adding to gold, weapons and tech stocks Our experienced investor is keeping most of his powder dry until after the Budget, but can’t resist adding to some core UK and US positions. The potential pitfalls for investors in the next few weeks are mounting. In the UK, the first Budget of a new government was always going to contain uncertainties but facing a £25bn shortfall, the chancellor could hit investors with a flagged hike in capital gains tax, among other rises. A removal of the IHT relief concession on qualifying AIM stocks held for two years would cause a sell-off. If this happens, wait for the bargains in stocks which look good value now, but may present an even bigger buying opportunity. Although chancellor Rachel Reeves must keep an eye on borrowing costs, her plans for a growth economy and a ‘new dazzling dawn’ for technology and infrastructure keep me hopeful. Nevertheless, until 30 October investors are wise to hold off, and sit on cash and bonds until we get clarification. Uncomfortable US election The US election, with two diametrically opposed candidates who are level in the polls, is uncomfortable since it is impossible to assess the implications until we have some clarification from the new president who won’t take office until 20 January. Recent discussions with a varied group of Americans alerted me to the following: the Republican party under Donald Trump will reduce personal and corporate taxes, give tax allowance on car loans, impose varying import tariffs of at least 10%, and ‘rid the nation’ of an estimated 12m undocumented immigrants. In Trump’s view Fortress America doesn’t need the world – Saudi oil can go east, the US has its own indigenous oil, gas and resources. The potential abandonment of Ukraine would allow Putin to extend Russia’s borders – Ukraine is our buffer and must be defended. US voters seem astonishingly vehement and polarised in their views and a narrow win for Harris and the Democrats could cause unrest. We tend to view the US as the prosperous glossy East and West coast, but there are 150m people in between, many of them financially struggling with no interest in anything outside America. Currently, the Democrats have a small lead in the polls and a Kamala Harris win would see a continuity of the Biden administration. She proposes $25,000 housing grants for first-time buyers and tax incentives to build more starter homes, while continuing the pro-renewable energy policies. We know where we are there and all would remain calm. Conversely, Trump’s energy strategy is deregulation, increasing production of gas, oil and even coal. My attention turns to the 900-page Project 25, a policy wish list for the next Republican President outlining an expansion in presidential power and imposing ultra-conservative social visions. Trump has disavowed the document, but dozens of Trump administration officials drafted the proposals. My three core sectors With these factors in mind, I have largely kept my powder dry to buy until after the Budget. However, I have bought into three areas which look impervious to the uncertainty – resources, armaments and international technology. Gold is up 26% this year, close to an all-time high, but likely to go further, enhanced by US interest rate cuts, a weakening dollar and growing Asian wealth. I have long held two excellent funds, Ninety One Global Gold and WisdomTree Physical Gold, but have now added to my direct gold holding in Newmont Corp (NEM), the world’s largest gold miner, with a majority-owned 17 mines that also produce copper, silver and zinc. With its 20 years of proven reserves, priced on 14 times earnings (P/E) and sporting a price/earnings-to-gr Silver has lagged gold and, with ground to make up, I have added to my holding in Hochschild Mining (HOC) with its silver and gold mines in South America in various stages of production and development. Its strategy of increasing production while reducing costs makes it an attractive buy valued on a P/E of 6 and PEG of 0.5. |
Posted at 27/8/2024 06:34 by stevea171 27 August 2024Investor Presentation via Investor Meet Company Hochschild Mining PLC (HOC.LN) is pleased to announce it will host a virtual retail investor presentation relating to its 2024 Interim Results via Investor Meet Company on 05 Sept 2024, 10:00 BST. Eduardo Landin, CEO, will give a brief presentation on the Company's results and strategy and operations, followed by an opportunity to ask questions. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 04 Sept 2024, 09:00 BST or at any time during the live presentation. Investors can sign up to Investor Meet Company for free and add to meet Hochschild Mining PLC via: hxxps://www.investor Investors who already follow Hochschild on the Investor Meet Company platform will automatically be invited. |
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