Fresnillo Share Discussion Threads

[geofft] 26/7/2018 09:14

If you posted that a squirrel was on your bird feeder, therefore the share price would go up/down, you'd be right just as often as TA!

[eriktherock] 26/7/2018 09:06

Yes, that was right then but this is now.

[geofft] 26/7/2018 09:00

Erik. Only last week the "hourly candle above 1121" was indicating a buy. It seems to me that TA is only ever accurate looking back at what happened with 20:20 hindsight, never at actually predicting anything.

[eriktherock] 26/7/2018 06:42

I'm afraid to repeat that it's a short so could go a lot lower as previously posted.
Agree to add on the way down if you have plenty of liquidity but maybe better to wait a while and observe the price action.
The Monthly, Weekly and Daily charts are all indicating down and, as mentioned here a few times, that Hourly candle below 1121 confirms the new down trend. I could be wrong of course. I do hope holders prosper and I intend to be one at the right time to profit from this longer term investment.

[imastu pidgitaswell] 25/7/2018 13:54

And some more at 1010. Not many times FTSE100 shares lose 8%+ on that sort of trading update, and not with current volumes (typical for a day). Still quite light - would never say never to 600, but unlikely.

Best thing to do is take advantage of it - carefully - rather than complain...

[geofft] 25/7/2018 13:28

"Overall however, our full year consolidated guidance in silver equivalent ounces remains unchanged".SP down 9%. Just as well there wasn't bad news in the update!

[ken tennis] 25/7/2018 12:28

Just topped up here I cant resist. I do intend to hold for long time though wouldn't advise on thinking this may shoot up in the short term.
GLA

[penycae] 25/7/2018 11:00

Morning all.

Added here on a CFD. If I've read the situation correctly, they'll let me carry this trade on as a non-professional without increasing margin level. Won't be able to buy anything else on my existing accounts after this weekend. They've asked me to open new accounts if I want to buy anything after Monday. Don't you just love these folk who want to protect us from ourselves?
All I can see is that the bookies will be getting more money off us punters when that wheel starts to spin.

Trade well and prosper......

[ukgeorge] 25/7/2018 10:29

Gold is bouncing a little, so fingers crossed this isn't the start of a crash.

[ken tennis] 25/7/2018 10:17

geoffT as you say 2 year low, report good, cash cow of a company so I will just buy and hold this cant stay down forever.

[ken tennis] 25/7/2018 10:14

Well if £7 is coming George im well prepared but I don't think it will go that far.

[geofft] 25/7/2018 10:09

Yes, but what normal shareholder would be selling now? At a 2 year low with solid production reports for the last 2 quarters. Surely the only sellers now are shorters/bots/manipulators.

[goldenshare888] 25/7/2018 09:55

Buyers want to pay less?!!

[geofft] 25/7/2018 09:44

Ridiculous share price reaction. Clear manipulation. Question is why?

[ukgeorge] 25/7/2018 09:09

So back to £7.....ffs

[geofft] 25/7/2018 08:55

The report is positive. But HFT bots don't read reports.

[mharrison60] 25/7/2018 08:27

I thought report was positive but share price is down again first thing

[eriktherock] 25/7/2018 07:36

Production Report out this morning,see RNS.

[eriktherock] 22/7/2018 17:02

I haven't looked at the link yet but the stated assumption is quite wrong.

[onedayrodders] 22/7/2018 15:55

Very painful listening and charts for Gold / Silver miners in terms of the direction of PM's now $1240 long term support line has been broken.



"Likelihood we will now test 2015 lows within next few years before any recovery."

[ukgeorge] 19/7/2018 14:51

Well they are a gold miner on Aim.....

[ken tennis] 19/7/2018 14:09

George I just had a look at HUM the spread is massive nearly 3.5%