Fresnillo Share Discussion Threads

[eriktherock] 04/1/2017 17:28

island in the sky

[goldenshare888] 04/1/2017 17:27

:))

Holding for big money here!

[topicel] 04/1/2017 17:04

The difference with us and RRS is the far cheaper labour now paid in Mexican pesos and going to make the bottom line really juicy.

Anyway, Fresnillo is far from a silver play these days either. It is a very solidly run company with proven returns and assets that simply gets tied up in the Pm manipulation game in both directions.

If silver and gold are going to run and run in 2017 after the late 2016 short selling correction by the banksters has ended and paper is allowed to run free with physical demand, then we must see new highs here in view of the coming inflation.

The leverage is always incredible. Whipsaw is a good description.

Topicel

[daybreakers] 04/1/2017 16:32

Silver will rise faster rate than gold.

[emeraldzebra] 04/1/2017 16:17

interesting that Rangold has had a (relatively) bad day alongside this one...

[daybreakers] 04/1/2017 16:12

At this rate, 1300 might become new support, but still too early to tell

[emeraldzebra] 04/1/2017 15:14

yes, the reasons for the fall away to £11 area seem shallow, too abrupt/steep, and sentiment driven. Am loading up and looking for a return to the £15/16 area by end Feb.

[topicel] 04/1/2017 11:50

If QE4 comes down the pike, to manage the infrastructure and tax cut plans, then look again at how Fresnillo share price reacted in 2009.

£2.50 to £9 in the calendar year. And that was without inflation and all the rest of the madness like double the US debt to 20 trillion etc., etc.

The correction from November 8 was simply to allow the likes of JPM and GS and so on to pass on the losing paper shorts just like the Chinese and Saudis are passing on to the US their no longer wanted losing Treasury notes.

Dollar devaluation has to be Trump's only economic answer, and given he will be turning inward too, who cares about Joe Foreigner...

Topicel

[goldenshare888] 04/1/2017 11:49

£30 in 2017 will be very nice Top. :))

[goldenshare888] 04/1/2017 10:21

WALL OF MONEY - COMING INTO PM SECTOR IN 2017.

I expect old highs to be taken out!

:)))

[daybreakers] 04/1/2017 09:37

It's coming near my 1300 exit but weekly chart is still oversold territory, daily is overbought. Weekly shall take precedence since strategy has changed to long hold

[dt1010] 04/1/2017 06:11

Advertorial from the Market oracle:

One precious metal will rocket in 2017...
And it WON'T be gold.
Now, while we recommend every investor own some gold as a hedge against uncertain times...
And so they are one of the prepared for any black swan event...
The fact remains... only 10% of the gold in the world goes to industrial use.
But there's an indispensable metal... just as precious... that essential to the high-tech industry.
The metal? Silver.
Savvy investors are seeing this correction as a time to pick up undervalued silver investments...
And we're here to guide you.

[hectorp] 03/1/2017 19:51

who knows. But the USD / JAp yen is a bit of a carry, wait a couple more days.

[dt1010] 03/1/2017 17:11

Oh yes indeed ;)))

[topicel] 03/1/2017 16:55

Indeed it does GS. But we really need solid momentum of a few days to convince those others than us old stalwarts that the recent reversal was all manipulation and nothing to do with the company or macro issues.

Quite frankly the hot money is looking like it played a blinder and is now turning back to long PMs...

Topicel

[goldenshare888] 03/1/2017 16:31

Finished UP 45p for the day!!

Bodes well....... :-))

[dt1010] 02/1/2017 21:17

fres and hoc and paf set to rise big time

[eriktherock] 01/1/2017 18:21

I know that stating the obvious is obvious once it becomes obvious, obviously, but we have a bottom (given the island ta) @ 1185ish so no reason not to enjoy the upside. Happy and prosperous New Year guys.

[deanroberthunt] 01/1/2017 15:34

1.5bn net silver deficit since 2004, and rising, production from mines has been flat now for 5-6 yrs....

[deanroberthunt] 01/1/2017 15:33

The time for Silver is nigh.

trading at a 72:1 ratio to Gold........norm is 30-40:1, add in the net deficit and declining production since 2004....and well, need I say more:



Started a few weeks ago buying Silver ETF + Silver Stocks like First Majestic Silver, Coeur Mining (Canada)....FRES soon

[goldenshare888] 31/12/2016 11:22

HAPPY NEW YEAR everyone.

[eriktherock] 30/12/2016 11:40

Ahh, I see it now. Island @ 1185 or Gap fill @ 1175

[eriktherock] 30/12/2016 11:35

Hmmm? sub 1200, very surprised given pos & pog, profit taking maybe, time to add or dump, Hmmm?