Fresnillo Share Discussion Threads

[penycae] 22/11/2018 16:04

Concerted bear raid on a day when the US is closed. Nice timing on that broker's note.
When I've got time, I'll work out how many millions have been wiped off the share cap of this company today.
If I was one of the majority family owners, I'd be seriously thinking about taking this back into private ownership. I'd also screw JP Morgan at the same time.
Bought a large chunk on margin (CFD) this afternoon. Not comfortable doing that, as I'd prefer to hold the paper, but enough is enough.

Trade well and prosper........

[colinzeal] 22/11/2018 14:25

TR1s coming in end of the day I reckon.

[penycae] 22/11/2018 14:11

Afternoon all.
Starting to get really annoying.

[hussyo] 22/11/2018 13:59

Did i see a single block of 1million buy go through ?

[ken tennis] 22/11/2018 13:48

HUSS volume is going mad today we are already way past 3.5 mil.

With the FRES mining situation if they want the land then they will make it worthwhile to the indigenous communities when there are large profits to be made.

I really don't see a problem as they will do deals with them just look at what Rangold has done for the communities in Africa built schools and villages and provided employment for the communities with fantastic facilities.

[hussyo] 22/11/2018 13:21

You won't believe this but last week I was about to ask if we had a Spnish speaker among us, someone who might monitor the political situation in Mexico. You've got to cover all the angles in this game.

[ken tennis] 22/11/2018 12:52

SPACEDUST Morgan Stanley have downgraded FRES based on new bills that may come into force, these bills if passed could restrict mining as miners will need to get consent from the indigenous communities before being allowed mining concessions on their land.

So this may be the Gangsters way as you call them to rattle the price down for them to get in at a really bottom end price.

Its certainly shook the tree this morning

[spacedust] 22/11/2018 11:57

I was going to dip in at 800p but that 715p price target has spooked few. Will it go down towards 750p before going up again? Or is it an orchestrated one by those powerful city gangsters

[hamhamham1] 22/11/2018 11:52

Very droll toon.

[ken tennis] 22/11/2018 11:33

TOON nice one like it at least we got someone with a sense of humour

[toon1966] 22/11/2018 11:09

Being hamhamham1-ered today......

[ken tennis] 22/11/2018 10:58

ERIK quick fill your boots this is a silver opportunity.

[colinzeal] 22/11/2018 10:55

This is a great buying opportunity here imo.

[ken tennis] 22/11/2018 10:51

That's me don ive just took another 5700 fingers crossed total holding 9600.

[ukgeorge] 22/11/2018 10:44

Sorry was there an rns, on my phone so can't see?

[traderjeff7] 22/11/2018 10:41

It now looks probable that it's going to test that longer term gap down from 2016, around the £725-£740 level at the very least. That's the bad news.

The good news, we now have a gap down, around £900, that will be filled at some point.

More good news, the move from £988.40 to £805 was in a Zig Zag pattern which usually indicates an Ending Diagonal Pattern in Elliott Wave terms. This means the trend is terminating and a new trend will begin after this pattern completes.

When it does bottom the reversal should be breathtaking and move the price back to £988 quickly, which will take many by surprise!

[plat hunter] 22/11/2018 10:34

Buy day today then.. Happy days.. oooshh!

[wisteria2] 22/11/2018 10:16

Bloody Orchestrated if you ask me, bounce on shorts closing..

[colinzeal] 22/11/2018 10:12

More thank likley to fill their own books at cheaper prices, one can speculate.

[stevenrevell] 22/11/2018 10:02

M Stanley must want to buy some low

[action] 22/11/2018 09:55

Please see the PE ratio 17.85 according to HL. it is possible to see 700p

[ken tennis] 22/11/2018 09:49

HUSS & HAM theres no way im selling at these levels im hopping for around the 8.10 mark. I havnt toped up yet.

I cant find any info on M Stanleys downgrade.