Fresnillo Share Discussion Threads

[imastu pidgitaswell] 06/5/2021 14:56

Often the way - bore you to death and then boom.

😎

Nothing to be done, just let it roll...

[technowiz] 06/5/2021 13:19

SP seems to be stuck in a tight range as tight as a ducks ass. gold and silver near the days high.

[technowiz] 05/5/2021 16:30

853p into the close. not a bad run late afternoon.

[trader536] 04/5/2021 15:04

Hey stupid keep the calculator handy for that $40 silver, you know how fast this one can move

[trader536] 04/5/2021 14:57

Silver knocking on the door of $27 they'll be raking in the cash at this silver price.

2020 average achieved silver was $21.3

[trader536] 04/5/2021 14:52

You are obviously clueless.

[plat hunter] 04/5/2021 14:42

"Insert Eye Roll Emoji"

[trader536] 04/5/2021 13:56

Prat - how much percent of account balance do you risk on each trade? How do you determine position size?? What is your win/loss ratio??? What is your trade expectancy????

[lageraemia] 04/5/2021 13:51

Bloody hell, the FRES share price seems to be actually tracking the price of silver and gold for the past 24 hrs.

The overwhelming stench of 'fundamentals' will no doubt be 'transitory' though

[technowiz] 04/5/2021 13:12

me too. thats why i bought more at 825p on Friday.

SP regained 857p looks good so far today.

[plat hunter] 04/5/2021 13:00

I trade on Bollingers Trader hence why i correctly predicted sub 860 several days ago.You've probably forgotten cause your #FRES3000 and #100dollarsilver #redditfantasist

[trader536] 04/5/2021 11:23

Prat - perhaps you could post up some trades to show the people watching at home how smart you are?

Would you like to tell us a little about your strategy, and how you trade the markets?

[plat hunter] 04/5/2021 10:57

Of course you did trader, keep popping those pills

[plat hunter] 04/5/2021 09:58

Fantasy trader, is it again I see.Why don't you tell us that story where you reckon you used to manage a team of self employed people again???

[trader536] 04/5/2021 08:15

Simple Steve - would you like to tell us your win/loss ratio, average win percent, average loss percent, how much percent you risk on each trade, and how your equity curve has performed over the last 12 months? What is your edge in the market? What screening software do you use? Would you like to tell us how you find your trades? What is your average annual percent gain/loss? What R/R ratio do you look for? How do you determine your entry and exits, because your posts on ADVFN suggest you're clueless to charts, indicators, oscillators and financial mathematics??

[trader536] 04/5/2021 08:06

Simple steve - are you again referring to the winning 4 day trades I posted?

[diggybee] 04/5/2021 01:05

Although that does not invalidate his premise. Silver and gold miners up 4-5% around the world across the board.

[stevedaytrader] 03/5/2021 20:26

Wow Numpty Trader536- what insight you have, silver rises and FRES might rise - genius... shame you got it soooo wrong here , again, the other day by buying at 886 & 889 here and boasting about it on the POLY board 😂🤣😂- that genius chart analysis serving you well again 😂🤣🤣either that or your rank interpretation 😂🤣🤣.
Trader536 22/4/2021 18:27 I had two chunks of CEY at 115.7 & 116.2, then FRES at 886 & again at 889. (I had difficulty getting my order filled at FRES) trader536

[bogotatrader] 03/5/2021 19:12

Penoles on the Mexican Bourse up over 5% at the moment

[trader536] 03/5/2021 15:27

Silver rising sharply on the hourly, we may see the start of a recovery here tomorrow.....

[diggybee] 30/4/2021 13:27

20-30 certainly possible next year. As is 6. Entirely, as you say, dependent on the price of AG.

[trader536] 30/4/2021 13:02

Juanicipio processing plant was originally expected to be commissioned mid-2021, the delay to Q4 has been weighing on price.

Looks like I may have to wait until 2022 for £20-£30 target, unless of course we get a run up in the silver price.

[imastu pidgitaswell] 30/4/2021 12:28

It does depend significantly on PM prices and volumes. We got a volume update this week, which said it was unchanged, and the PM prices - who knows?

All I'm saying is that at current spot rates (too early for a full year average punt, but YTD charts for both gold and silver suggest it's broadly similar to the current spot rates for both) we would have silver income of c$380m higher than 2020, gold c£130m lower, combined c$250m higher. All of that change in H1 (and then some) with H2 actually lower than in 2020. But as I say, we don't know what the full year average prices will be and certainly don't know the H2 prices.

The EPS numbers are just broadly based on H2 2020, extrapolated and pegged back a bit. Maybe a bit lower, maybe a bit higher. But the number of shares will be the same, operating costs (not capex) similar, financing similar etc etc

The one thing they might surprise us with, for a change, is a production forecast uplift. After several years of misses, they (now that Pa has shuffled off) might just have twigged that it is better to lower expectations and beat them rather than continually screw up against over optimism. Certainly I'm suspicious about the full year gold volume forecast of 675-725 koz, given that had a Q1 actual of 228 koz. But wisely, I think, they're holding the forecast where they are for now, rather than raise and maybe have to lower again.