Fresnillo Share Discussion Threads

[trader536] 25/6/2021 16:07

The ole man is worth $10 billion....

[scepticalinvestor] 25/6/2021 15:50

Good grief these bots are relentless

[lovewinshatelosses] 25/6/2021 15:45

Fair point, imastu!

[imastu pidgitaswell] 25/6/2021 15:22

He's 60. The old man is nearly 90 - I would think the son is the one that has been running it for a while now.

Don't forget, it's the chair we're talking about - the CEO (who really runs it) is a mere stripling...

[diggybee] 25/6/2021 14:43

Average in. Don't be leveraged. That's what I think. I'm pretty sure it's not a short. And a growing dividend while you wait.

[lovewinshatelosses] 25/6/2021 14:07

I agree that Basel III in itself may well be a damp squib for those hoping for a radical and rapid POG squeeze - but I simply cannot see how all the money printing is not going to be materially good news for the PM markets in the near and medium term, at the very least. Which is why I bought a few more again today. Probably as good a sell signal as you could wish for... :)

[pete160] 25/6/2021 13:58

Don't get your hopes up about basel 3. If it is likely to have a substantial negative impact on the big boys, it'll get kicked down the road again.

[scepticalinvestor] 25/6/2021 13:06

Ye i got at just over 804 but at a premium - cant buy much in volume at the offer

[trader536] 25/6/2021 13:04

Round number support at 800p, I grabbed more at 802, 804 and 805

Time to sit patiently for interims in about six weeks

[timydogy] 25/6/2021 12:49

Well I'm all strapped in ready for takeoff.

See you all at planet 13.

Crazy stupid price. Thing is if it goes substantially below £8. We'll all be feeding link piranhas.

I for one will be. Didn't see this low coming when we were zigzagging 8.80 to 9.40 a few weeks back.
Lesson learned f!ck laddering in just wait till the Friday before Basel 3.

GLA.

[captain stock] 25/6/2021 12:38

Only a matter of time.

[montyhedge] 25/6/2021 12:29

Two way tussle in gold and silver some pundits think trending sideways then down.Some think $2100 by end of year, I'm in that camp.Has long has gold over $1750 they are all making a fortune, we are getting paid big dividends especially my favourite Polymetal while we wait for shareprice bounce.

[scepticalinvestor] 25/6/2021 12:24

Below 8 today?

[trader536] 25/6/2021 11:37

Fres/Silver correlation chart.....

[laptop15] 25/6/2021 11:26

https://twitter.com/AfzalValli/status/1408327631708340224?s=19

[prettygreen] 25/6/2021 11:22

Silver and gold up, buy:sell ratio of trades showing as over 6:1 and the share price falls again. Eh?

[2603] 25/6/2021 11:12

Kenny you the biggest dip stick on this bb. MM make a book you clown, so people can buy and sell. I have a feel a lot of Chartists that are short want to push this down through support as to cause a stampede of selling by weak hands let’s see who wins the battle.

[lageraemia] 25/6/2021 11:08

Indeed its a leveraged bet on silver, with the downside limited by a profitable company with lots of reserves, manageable debt and a dividend better than a treasury bond to keep us warm whilst we wait.

Viva Fresnillo! Plata es dinero.........

[charles clore] 25/6/2021 10:53

All we need is a run on silver and this goes boom!

[imastu pidgitaswell] 25/6/2021 10:46

So, kenny, you're asserting that 'the market makers' are assessing this company and determining that it is the debt refinancing - that they undertook in October last year - that is THE reason for the share price falling? Is that correct?

[zicopele] 25/6/2021 10:18

We must be at a key support level. Fres is/was down a few pence and people got quite excited.

Not that long ago, Fres could move 50p in a day and nobody would bat an eye.

On IG now down 0.1%. Hardly a validation of any theory.

That said, I woke this morning and as usual checked the Ag price immediately. Went back for a little snooze....knowing...yes knowing that fres would have a good day.

Yet here we are.

[trader536] 25/6/2021 10:06

Reiterate: shut up you clueless muppet!