Fresnillo Share Discussion Threads

[plat hunter] 09/7/2020 12:08

It hit sub 550 didn't it

[imastu pidgitaswell] 09/7/2020 07:36

Good shout on the charts - maybe a link to the company website in the header?

Apart from that, all good and will use.

(Although if we're being really picky, a FTSE100 and a DOW/SP500 chart as well? Pretty please?)

Nice one bonio - yes, oh well...

[imastu pidgitaswell] 09/7/2020 07:34

Marvellous - where were they (and the others) a couple of months ago at 650?

Yes, get buying at 900+, having not bothered at 40% less.

A couple more months and Goldman will be back with a buy when it is 1200+

[bogotatrader] 08/7/2020 21:08

JEFFERIES RAISES FRESNILLO PRICE TARGET TO 1040 (825) PENCE - 'BUY'

[bogotatrader] 08/7/2020 21:07

JEFFERIES RAISES FRESNILLO PRICE TARGET TO 1040 (825) PENCE - 'BUY'

[imastu pidgitaswell] 08/7/2020 20:16

free stock charts from uk.advfn.com


Although take a look at price of silver and price of gold last time FRES was at these prices - gold lower, but similar; silver was way lower.

[ifthecapfits] 08/7/2020 16:46

Loving those PM charts.

[imastu pidgitaswell] 08/7/2020 16:14

OK - I'll look later after giving much careful consideration and analysis...

:-)

[eriktherock] 08/7/2020 15:59

I'll post the latest entries over there for you to enter if you wish.

[imastu pidgitaswell] 08/7/2020 15:42

Not sure they'll be talking to me after today's contribution...

:-)

[eriktherock] 08/7/2020 15:39

I know mate, and good for you. I'll be looking for a new entry. I'd say that the pos needs to settle around 18.5ish but could charge on and bring FRES with it.btw don't forget to enter the silver comp.

[imastu pidgitaswell] 08/7/2020 15:35

I've still got a one or two...

POLY not joining in. Interesting alternative.

[eriktherock] 08/7/2020 15:33

just closed.... always good to take a profit

[bogotatrader] 08/7/2020 15:30

Nicely through 9.00 level

[bonio10000] 08/7/2020 15:10

Well, it is all playing out fine and dandy.

Took a few years more than expected - but "oh well".

[wallywoo] 08/7/2020 09:31

This market since March is teaching me to become more aggressive. Completely understand your approach too, this is a lovely play on a precious metals market that will just carry on getting hotter.

But nothing goes up in a straight line, if I am wrong, so be it. The opportunity cost of having money here is that is could be working elsewhere. In Arnie's words "I'll be back", the next silver bull run is not to be missed!

[imastu pidgitaswell] 08/7/2020 09:13

I certainly wouldn't sell them all - just as likely they will carry on up as pull back. The only thing I know for sure is that it will move.

The point is I just don't know - so by having say 50 separate tranches (lower down), I can sell and buy as it goes up and own. Blindly if you like, but (I like to think) with a little guided information - be it charts, news, fundamentals, whatever. But it makes little sense to me to have as many at 500 as at 900. If it goes to 1000, I'll have fewer again. To 700, more. Etc etc. As posted with my mate back in May, I'm quite open about it and for me it works - you just need a volatile, fundamentally sound business. In many way, it is better (with this approach) if it just goes up and down, but ultimately nowhere.

But there we go - eric's buying here, you're selling, I'm doing both; we have a market...

[wallywoo] 08/7/2020 09:05

Good move now imastu, I have just sold today too at 900p. Still a massive bull here, but it has come a long way very quickly and historically there is a lot of resistance at this level. Also expect a temporary pull back in gold and silver soon, before the next uplift.

Will come back in a month or so. After playing some of the beta stocks that look tempting again.

[eriktherock] 08/7/2020 09:04

We see things differently. I hope you prosper.

[imastu pidgitaswell] 08/7/2020 08:58

Funds, I guess. They're happy to ignore at 600, but wade in at 1000. Someone else's money 'n all that.

Go figure...

(Incidentally, to be clear, I was selling at 898, my holding is gradually going down - buy low sell high; as I understand it, that's the thing to do in this shares lark. I held way more at 500-odd than I do now, but still hold a lot.)

:-)

[eriktherock] 08/7/2020 08:41

Ray Dalio makes some useful comment in this recent Doomberg interview >

[eriktherock] 08/7/2020 08:38

Yeah. Gold and major indices related stocks probably the way to go for profits.
Question though would be, apart from me and you, who would be buying at this level *(897)

[imastu pidgitaswell] 08/7/2020 08:31

Yes, another day being strong relative to the market. How things change.

Managed 898 for a small tranche - just felt I should while I could...

[eriktherock] 08/7/2020 08:29

Not an insignificant move up this morning.