Fresnillo Share Discussion Threads

[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.

[stan72] 16/10/2020 19:03

"I don't pay too much attention to volume"

Hahahahaha.

No wonder he's losing money. Volume is THE most important indicator, price and volume tell you all you need to know. Everything else is derived from them.
All imho of course

[diggybee] 16/10/2020 15:42

Not even a nit noy bit? How long have you been on the land of sir miles?

[trader536] 16/10/2020 15:38

Mai pood thai Kharp

[diggybee] 16/10/2020 14:32

Trader poot pasaa Thai dai Mai? Muagon Yu tee Asia, thamgaan tee Asia ru wa pai Teow townan?

[bonio10000] 16/10/2020 14:02

Looks like i was right.

Well done to those who traded it in between.

Breakout.

[plat hunter] 16/10/2020 11:49

Funny how i made twice as much by selling at 700.Funny how you think people should see you as an infallible omnipotent. When you're actually one of the least educated I have ever come across.Funny how your ramping something that's trading at more than 60 times pe... 60 times.Funny how everyone on every single board you comment on, says exactly the same thing about you.

[trader536] 16/10/2020 11:28

Funny how the ones trolling are the same clueless idiots who were selling Fres at 700p. Funnier still is the self appointed stupid git selling Fres at 700 then losing his money in HSB and BP

[2603] 16/10/2020 10:58

🤣🤣🤣🤣9315;🤣 you idiots haven’t a clue.

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

Lol... he needs help, he isn't normal at all, in any sense of the word.

[plat hunter] 15/10/2020 23:33

Stop talking yo yourself, you sad tw@

[trader536] 15/10/2020 20:11

Spot silver monthly chart shows silver is at 7 year highs. The thick blue line represents the $16.10 average achieved by FRES in 2019.

If the PM bull continues to run it's quite possible silver will "never" return to $16.10 again....

[bingaxu] 15/10/2020 20:08

UK's Tempest fighter jet project could support 20,000 jobs, says BAE Systems https://reut.rs/3lIHOZS

[trader536] 15/10/2020 19:41

2603 - I don't pay too much attention to volume unless its coincides with significant news or a significant fundamental/economic event. The chart below shows volume alone bears no relation to price movement.

Q3 production report due on 21st October.

There is currently 0% short interest in FRES:

rarther - its being revalued upwards due to higher PM prices massively increasing forward profitability.

The day to day volatility of spot silver has little influence on annual profitability, silver has a monthly ATR of 13% and a daily ATR of 3.8% so volatility is to be expected. In 2019 FRES achieved an average of $16.10 silver, so anywhere in the 20's will provide a nice boost for 2020 full year profits.

FRES daily volume v price direction.....