Fresnillo Share Discussion Threads

[diggybee] 17/5/2021 08:43

And gold to 23-25. Miners of both could have an outsized move.

[diggybee] 17/5/2021 08:43

Personally I think it is inevitable silver trades to a new high. Could be 35 maybe even 45 next 6 to 12 months. If that is the case, I would think that miners have greater gearing

[imastu pidgitaswell] 17/5/2021 08:23

Anyone see in the chart that this is looking quite similar to how it looked at the end of 2019 and start of 2020 - choppy but changing direction to up and choppy instead of down and choppy? (both technical terms)...

And then see what happened a little later - doubling quickly.

So what? Dunno, just think for a while trading it on a flat to up trend could work very well.

[technowiz] 14/5/2021 16:49

you only pay stamp duty when you buy not when you sell.

made a bullish move today. hopefully more to come next week. gold and silver near the day's high. Monday often a good day for share price rises. It dropped quick today so i never got a chance to apply a stop loss on some of my shares. not too bad a finish at least the share price didn't full retrace back down to 870p.

[jason_scrap] 14/5/2021 16:14

Yes there is. However it's great for swing trading. Don't really notice it tbh

[finctastic] 14/5/2021 16:02

Monty. I was assuming so, sure they are London registered rather than Jersey or somewhere. Have never sold any though.

[montyhedge] 14/5/2021 15:54

Any stamp duty on this share ?

[technowiz] 14/5/2021 10:49

this big seller has a day off on a Friday. get in there. 900p today?! yes sir!

[technowiz] 14/5/2021 10:06

i bought some at 825p week last friday. sold and now im back in. happy days!

[finctastic] 14/5/2021 09:58

Tbf mine was 873.04 but I'm just an amateur. ;¬)

[trader536] 14/5/2021 08:24

Prat my good friend - why is your alleged limit order for 826p precisely. Why not 827p or 825p??

[technowiz] 14/5/2021 07:22

gold up today. 1828 silver above 27.

SP down 3 days in a row. 3 day rule? its been volatile so maybe a blue day today lets see.

[trader536] 13/5/2021 22:42

Kenny the clown - I have significant sums invested globally, I don't trade a single time zone.

Shouldn't you be in bed by now? You have trolleys to collect tomorrow 🛒🛒🛒

[trader536] 13/5/2021 22:38

Prat my good friend - why is your alleged limit order for 826p precisely. Why not 827p or 825p??

I'd be very interested to hear your reasons.

Thanks.

[trader536] 13/5/2021 22:29

Excellent post Prat, very relevant, why would you pay 18% more for the same shares you sold at a loss at 700p?

Plat Hunter - 18 Jun 2020 - 13:52:26 - 11040 of 12064 FRESNILLO precious metals - FRES
"In out of here. Been here in and out for years but I'm bored of it now and have a better use for the cash."

700p

Idiot, best ignore him.

[plat hunter] 13/5/2021 21:24

Stuck my limit order in for 826 for a top up.

[stevedaytrader] 12/5/2021 17:19

Not surprised Numpty Trader536, it always rains around you :-).

[lageraemia] 12/5/2021 17:06

Perhaps someone who bought this time last year and is still sitting on a 50% profit might be the seller? An institution or someone linked to Penoles with a leveraged position in something else raising cash to meet a margin call.

Under those circumstances people sell their liquid assets, not necessary the things they want to sell.

It seems to keep coming back to this level, irrespective of the of the price of silver and gold and the improving fundamentals of the business therefore.

The RSI didn't even go postive on the daily chart (or 4 hrly) on the 1st of Feb and has been over sold since mid Jan.

[trader536] 12/5/2021 14:14

It's raining outside hence its wet

[stevedaytrader] 12/5/2021 14:08

US CPI data exceed expectations - hence the big swing last 38mins on gold

[lageraemia] 12/5/2021 11:53

There's a seller on FRES. Hopefully they've almost cleared.

Comparted with last year, the Silver and gold prices acheived will be a lot higher on average to the point of a single digit percentage production drop look irrelevant.

PE should be well under 20?