Fresnillo Share Discussion Threads

[pixi] 15/12/2016 16:01

I bought another twice this afternoon.

[lauders] 15/12/2016 15:00

Well done GS888. A few others must have believed FRES won't go much lower. Good buy you made lower it seems.

[shakeypremis] 15/12/2016 15:00

The NYMEX has only been open a short while. Usually the attack doesn't come until a little later.

[goldenshare888] 15/12/2016 14:32

Top,

It was the low settlement for gold futures apparently.

I read it in KWN article today .....The Wild Card Impacting The Gold Market

I am not clever enough to post it unfortunately!

It was a contributing factor to me going very long FRES today from 1060p area.

[topicel] 15/12/2016 14:26

Goldenshares, your comment about the silver and gold prices hit the last time rates rose in Dec 15 is interesting.

Have you the actual data? I can't track it but don't recall as big a fall and no immediate bounce back the next day as you suggest...

Certainly there was no movement in Fres to speak about, but it was floundering at 660p or so, heaven help us...

Happy to be wrong.

Topicel

[goldenshare888] 15/12/2016 14:24

Just need the handle on that MONSTER LADLE now!

Lots of my PM stocks showing inverse H & S patterns also bodes well in my view.

We may see a MONSTER rally as early as JAN 2017!

:)

[goldenshare888] 15/12/2016 14:21

I would not be surprised to see £50 per share in the next 24 months.

:))

[goldenshare888] 15/12/2016 14:20

My thoughts exactly and I was VERY greedy at the sales!!

FRES at 10% off was too good to resist for me...

:)))

[pixi] 15/12/2016 14:19

golden, this has to be the bargain of the century today.

[pixi] 15/12/2016 14:18

breaktwister, good luck with that.

[goldenshare888] 15/12/2016 14:16

What an absolute bargain today offered up!

Especially with DT post yesterday saying uber positive things going forwards for FRES.

Was it PEG of 1 and 10 X earnings increase in next 24m?!!!!!!!

WOW!

[breaktwister] 15/12/2016 14:14

Not directly below 16 of course, there are "stop busters" in operation as we all know

[pixi] 15/12/2016 14:11

My biggest holding established today at lows - go on, my son!

[goldenshare888] 15/12/2016 14:11

1105P :))))

TARGET 2000P in JAN.

[breaktwister] 15/12/2016 14:10

Stuck on a sb on silver spot also, stop just under 16, huge reward to the upside from here

[goldenshare888] 15/12/2016 13:55

Tech analysis just in:

Don't worry if you don't follow this, it is all bent/manipulated, so pretty meaningless anyway!

We may see a classic hammerhead (shark) reversal on the candlestick today, subject to RSI, STOCH, MMA & 200DMA confirmation stats :-

This could be UBER BULLISH if confirmed!

:))))

Anyone for a BLUE finish here?

NB. I went VERY LONG FRES from 1060p today.

[goldenshare888] 15/12/2016 13:50

Buys today already in the black.... :)))

[breaktwister] 15/12/2016 13:50

Nvm, I grabbed the last interim and seen 25m oz in first 6 months of the year, expected to increase to 65m oz per year in 2018.Bought more for my SIPP and took a spreadbet at 1065

[breaktwister] 15/12/2016 13:36

What percentage of revenue is silver for FRES? Sorry no time to do the research right now.

[dt1010] 15/12/2016 13:18

I have time to wait and will be ready when the turn comes.

[goldenshare888] 15/12/2016 12:51

Power moves coming, post this nasty smash down!!

Big buying HOC & FRES.

I feel the move back up will be even more dramatic!!

:)))

[dt1010] 15/12/2016 11:01

buy JDST

up 18% yesterday on this rout.

[bonio10000] 15/12/2016 10:53

If the average cost of extraction is USD 850, they will close up the mines first.

[dt1010] 15/12/2016 10:52

there are even those predicting $500 gold.

no one actually has a clue where it will end up