Fresnillo Share Discussion Threads

[trader536] 20/10/2020 22:52

Shut up you pillock, the only thing that needs to be hit very hard is you. Silver is currently up a whopping 52% on 2019 average, which, is far more than enough to make up for any blip in production! There's also a rumour that gold is up 35% on 2019 average too, you may want to get your calculator out before posting statements that make you look more stupid than my dog.

[kennyp52] 20/10/2020 21:56

Any blip in the production and FRES will get hit very , very hard in my opinion .

[trader536] 20/10/2020 20:09

Good figures tomorrow could see Fres make new highs. Any flies in the ointment should be mitigated by the buoyant silver price. Daily silver indicators turned positive again yesterday....

[bogotatrader] 20/10/2020 19:32

Poised.....great price recovery late on from 3pm onwards....

[trader536] 19/10/2020 08:10

Silver flying outa the trap on a Monday morning bodes well for the week. Q3 production is due on Wednesday and maybe boosted by the processing of stoping ore from Juanicipio mine construction.

[trader536] 19/10/2020 07:45

Just keep buying the fallers and selling the risers lol. Idiot.

[diggybee] 19/10/2020 05:59

Lucky fellow

[plat hunter] 18/10/2020 15:05

Oohh, i do like the look of SRB you know.Not stuck anything in there yet but looking attractive as somewhere to send profits too.

[plat hunter] 18/10/2020 11:54

Doesn't a trader, buy and sell the interim volatility?

[trader536] 17/10/2020 15:51

Diggybee - I came to Thailand for a month in 2008 after losing my job in the city, I ended up buying an apartment and the rest is history as they say. 2603 - yes I particularly like the trajectory of the Fres 40 day EMA (the thick dark green line on my chart). I'd guess my £20 target may be hit in Q1 next year, the trigger being 2020 financial results in January. Pullbacks along the way are inevitable, so on down days we'll no doubt get plenty of visits from the clowns and trolls. The ADVFN self appointed stupid git thought he was wise to sell Fres at 700p and buy HSBA at 400p, hence his bitterness here. Below is the contrasting trajectory of HSBA 40 day EMA (the thick dark red line on my chart) which is an excellent example of why one should buy risers and sell fallers rather than sell risers and buy fallers. HSBA..... FRES....

[plat hunter] 17/10/2020 11:44

Funny 2603...Trader has a similar problem with reading facts.

[2603] 17/10/2020 11:30

The daily chart looks really bullish and backed up with some good news later this month, there’s no reason is shouldn’t keep out performing.

[plat hunter] 17/10/2020 10:52

Take your pick, just because FRES has performed well, it's a large stretch of the imagination to believe it's been an out performer.

[zicopele] 17/10/2020 09:27

Maybe plat used his money to buy Tesla.

[plat hunter] 16/10/2020 23:11

Read it again Trader."Better use for the cash"This is why you're always wrong, you can't read.

[plat hunter] 16/10/2020 21:34

Couldn't agree more Stan.Low volumes = Equal lower prices and larger spreads.Market making is a race to the bottom, they rely solely on volume.

[2603] 16/10/2020 19:13

Plat. This has a high PE because the potential profits going forward are massive, there are many companies that have higher PE than fres. Trader talking up this share to £30, I think that is conservative, by the time this bull run has finished and it has at least 2-5 years left IMO. I can see this share in the £40-£50 range, at the moment there are a hell of a lot of junior miners that are very over bought and profits are being taken in them and finding there way into senior miners like this one. Fres may not go up quickly like a lot of speculative miners but this to me is a very safe place to put my money compared to many other stocks at the moment. If it is true that you sold at £7 just as Fres started to brake out then maybe Trader is right you dont have a clue about how precious metal cycles work and how high mining stocks can go. TSG is a great example of a solid well run miner, they are just moving to test the high of the year at £1.10 and have just paid me a fantastic Div of 6p. I now feel £13 is a good support for Fres, its the 5th day its traded above it. Happy days ahead.