Fresnillo Share Discussion Threads

[plat hunter] 12/11/2020 10:20

Lol... is he?

[trader536] 12/11/2020 08:38

Call me whatever you like, I suggest you filter my posts if you get upset by text on a screen

[trader536] 12/11/2020 08:17

Jog on spear chucker

[trader536] 11/11/2020 18:24

There is a target towards 2000p (you’ll see it) I’ll see you there.

[eriktherock] 11/11/2020 18:16

there is ta towards 980ish (you'll see it)

[trader536] 11/11/2020 11:54

You wouldn't know a short signal if it bit you on the ass.

I bought Fres near 10 year lows, silver is now near 10 year highs and gold is near all time highs, that's the fuel for the share price.

I'll be unwinding next year with 180% profit for doing sweet fa

[plat hunter] 11/11/2020 11:45

I won't be lumping in with a short anyway. I will wait for a a new trading range to establish though.

[trader536] 11/11/2020 11:13

Chart looks fine, normal monthly ATR volatility....

[plat hunter] 11/11/2020 10:07

Charts are flashing shortAll gaps closed and Engulfing Bearish. 1w candle triggers a short signal on Friday if closes under than 1160This could go to circa 800 from here, said this weeks ago too, not a new opinion.

[imastu pidgitaswell] 11/11/2020 09:32

Depends what you mean by growth.

Headline revenue growth, yes, c$230m more than H2 2019. For the full year, I have revenue growth of c$330m, assuming H2 PM prices of $24.2 for silver and $1,910 for Gold - those are my estimates based on the H2 to date.

You are aware that silver production will be broadly flat, at 53.5m oz, vs 54.4m oz, and that gold will be down from 876koz to 760koz? And that gold production will continue to decline until the Orisyvo mine comes on stream? All in the presentation slides they have given.

For 2021, assuming those same average PM prices all year - which is a hell of a leap of faith, but what else can you use - revenue would increase c$360m on 2020 (and that is on top of the $330m for FY2020 vs FY2019). The debt and capex requirements issues are effectively resolved with PM prices at anything like current levels.

As for dramatic - again I would suggest a little more nuance is required. Too many people oversimplify; there are many moving parts to this, and a lot of variables, not all of which are in FRES's control.

[2603] 11/11/2020 09:11

The charts are saying buy on the dips! Fres is still in an upward trend, the company hasnt come out with any bad news. Its just sentiment due to the vaccine that may or may not work in people over 70. this is normal volatility, I am looking for a good bounce back very soon as the sell off has been over done, looking at good support around the £10.50, which is where I will top up next, I have been topping up since it was £2 down. 2021 onwards is when Fres is predicted to increase growth and if the Silver and gold price can stay where they are profits will increase dramatically.

[imastu pidgitaswell] 11/11/2020 08:15

Charts must be saying sell here, surely?

I'm buying some more.


(Feels like I've been here before, odd feeling...)

[trader536] 10/11/2020 14:22

Says the clueless Prat who sold Fres at 700p and piled into CEY at 162p lol

[plat hunter] 10/11/2020 14:16

Yeah but still fun to remind him how clueless and unloved he is every now and then

[imastu pidgitaswell] 10/11/2020 13:09

Have none of you filtered him yet? Just makes life easier.


Posts 12049, 12055 (and derivatives), 12074, 12079 and 12093.


'nuff said.

[plat hunter] 10/11/2020 13:01

He must be really be getting squeezed with the ratchet in rhetoric.