Fresnillo Share Discussion Threads

[trader536] 19/5/2021 14:57

I try not to make a habit of picking bottoms, but that one was quite enjoyable ;-)

[trader536] 19/5/2021 14:55

You have no patience

[trader536] 19/5/2021 14:37

At some point FRES will snap back and close that correlation gap, and we know how fast it can move ;-)

[imastu pidgitaswell] 19/5/2021 14:21

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😯

[lovewinshatelosses] 19/5/2021 13:43

Annoyed with my early morning top up, thinking the share price would hold in the 890's today during the continued sell-off. Only as a point of principle, not because I have any real concerns about the direction of travel in the fairly near future here, all being well, touch wood etc.
Might have a few more tomorrow if we see 820-odd.

[finctastic] 19/5/2021 13:22

Yep following the gold and silver back up. My mid position is 882 but happy to hold at that regardless of how today ends.

[trader536] 19/5/2021 13:16

Down today cos the silver price took a hit, I'd say the bottom is in, time to load up....

[finctastic] 19/5/2021 13:04

Red day all round. Its a day for buying not watching for profits.

[imastu pidgitaswell] 19/5/2021 12:48

940 (where I sold some) to 855 (where I managed to buy some, but alas quite a few more higher) in 24 hours. c10% down.

With silver where it was 48 hours ago ($27.5).

On under 4m shares.

Casino...


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[finctastic] 19/5/2021 11:58

Gold price on the turn now with any luck will carry the miners with it.

[finctastic] 19/5/2021 11:55

Good buy at that. My next order is set at 862 never really expected that to fill tbh.

[technowiz] 19/5/2021 11:46

869p hopefully so its oversold today? im back in.

[finctastic] 19/5/2021 11:33

Chartists where is the bottom?

[imastu pidgitaswell] 19/5/2021 11:27

I think fewer - they won't leave it until the last day. But I don't honestly know.

Proper kicking though - should have been more patient yesterday.

[timbo_slice] 19/5/2021 11:05

So 6 more days of sell-offs ?

[finctastic] 18/5/2021 17:11

Somewhere in between will do me nicely. I have no intention of vacating the mining sector. Quite the opposite in fact I sold off across the board yesterday with the intention of getting more here.

[trader536] 18/5/2021 17:02

14 quid is a very conservative target, it was almost that last year. I'm looking for £20-30 based on the rising silver price

[imastu pidgitaswell] 18/5/2021 16:50

I'll decide that, if it's all right with you.

I've been around this for a while Jason - I kind of know it pretty well, thanks all the same. You might want to look back on the thread a little.

[jason_scrap] 18/5/2021 16:48

Sell out in the morning chaps and move on then. FRES clearly not for you. I like many here have considerable money invested in the company and all I'm reading is should, woulda, coulda about other companies. FRES is a cash cow that's increased its net cash position by 110% despite silver production dropping a few percent. This will be over 14 quid by xmas, if not sooner

[finctastic] 18/5/2021 16:46

Idea was to buy 10K blocks every 10pt drop on the way down then off load when it spikes. Worked yesterday but today only got 2 lots at 902 and 892 now having to watch what the trackers dump tomorrow.

[imastu pidgitaswell] 18/5/2021 16:46

To be fair, I sold mine today - as it hit the 200 day ma and gold hit the 5 month high. We can never sell at the top or buy at the bottom. I still have very plenty of both - just closer to being equally balanced for the moment.

Good enough is all it needs to be.

[finctastic] 18/5/2021 16:42

Stupid. I'm thinking exactly the same. I sold of a fair chunk of my Poly last night to play at the Fres game. Silly Billy.......

[imastu pidgitaswell] 18/5/2021 16:30

And a last chunk.

POLY's continued progress makes me think this is a MSCI dump - and that I'm stupid (the clue is in the name) for not sticking with POLY for the time being. Hey-ho, tomorrow it will all be different...

(at least I didn't go for VOD - was tempted)