Fresnillo Share Discussion Threads

[foreverbull] 11/9/2024 19:24

Thank you for warning us numerous times which is appreciated and this has been noted by most people here. Now do you want to take a break and give yourself some rest saving yourself pain of repeating again. Thanks

[hamhamham1] 11/9/2024 17:51

Every board has one ;)
You're obsessed with Fresnillo :)

[mr number9] 11/9/2024 17:26

My God, this one is weak. Long term, short term.....it won't do anything, it's going into the 4's.
You can always sell, maybe salvage some of your investment. It's not too late. Think about it.

[hamhamham1] 11/9/2024 11:46

For the whole of the 20th century, the average gold-silver ratio was 47:1.

So at today's gold price $2521, to get to that, it would mean silver would need to be over $53.

(which is almost double today's price)

[farrugia] 11/9/2024 11:07

they seem determined to decrease interest rates aggressively in the USA - that's bullish for commodities.

[trader465] 11/9/2024 10:25

So was I ;-)

[hamhamham1] 11/9/2024 10:08

Yeah, $40 is doable, just was trying to be modest ;)

[trader465] 11/9/2024 10:02

Silver hit $32 a few months back, I think the $40’s is nailed. I suspect we’ll see silver gather pace to catch up with gold as we approach the US elections.

[wskill] 11/9/2024 08:38

Well that's me convinced Aleman just topped up again, Fres has to turn at some point and it looks like we are on the turn with the share price .

[aleman] 11/9/2024 08:15

Comfortably another new closing all-time high for spot gold of MXN50,589 and even starting to have a look at the USD ATH. Spot silver also looking perky at MXN576. MXN silver's 50-day average is now only about 4% off its all-time high.

[trader465] 10/9/2024 07:41

I’d expect a turn today based on the CEY takeover

[mr number9] 09/9/2024 19:53

Well, this dog has shown it's true colours eh. It couldn't blow the skin off a rice pudding.
Looks like it has potential to hit the 3's.
Maybe it's over.

[mr number9] 08/9/2024 23:04

Golden days before they end
Whisper secrets to the wind
Your baby won't be near you anymore
Tender nights before they fly
Send falling stars that seem to cry
Your baby doesn't want you any more
It's over

[j5thumbs] 08/9/2024 19:21

I’m happy having bought in at 514p, then sit tight until they break above 540. If they drop much below 500 in the meantime, then I’ll buy another chunk. I like FRES - every day is like a roller-coaster ride with them.

[j5thumbs] 08/9/2024 19:17

mr number9 - have you been using the Roy Orbison method again ? You’d be better off analysing the silver charts rather than the pop charts for 1964.

[hem007] 06/9/2024 18:17

Ffs will start with a 4 on Monday

[timbo_slice] 06/9/2024 15:24

I'd be shocked to find anyone in profit ....

[trader465] 06/9/2024 14:23

Prat - I added another 1% position today. How are your adds doing at 540, 541 and 542?

Make money slowly, add and wait based on the silver price. When it breaks above $30 add aggressively. Come back and troll here after next March financials my good friend.

[aleman] 06/9/2024 10:01

Did not quite manage it yesterday with MXN49,992 but spot gold is back above 50k at MXN50,179 this morning. Again, this would be a new closing all time high if it holds.

[trader465] 05/9/2024 16:08

650p to 503p is a 22% pullback, that’s to be expected in any uptrend. If people can’t stomach a 22% pullback then I suggest they maybe over leveraging or needing to look at their position sizing or risk management 🤷‍a94;️

My target is not price but time related.

March 2025 financials will reflect the up trending PM prices and we’ll see double fig share price sometime in 2025. In a year or two the 650 to 500 will look like a little blip on the long term chart.