Fresnillo Share Discussion Threads

[topicel] 10/1/2017 11:53

A nice trade DT. Do you not include costs? I usually do on a £10k buy simply to make my poor brain comprehend the gain/loss point quicker/easier. Lol.

Also interesting vis-a-vis inflation that not so long ago I was purchasing in £1k lots and now it is ten times that...at least I think it is inflationary as much as additictivary - if that is a word!

Either way, have you a target for this trade or just let it roll? I still hold firm on £30...

Topicel

[dt1010] 10/1/2017 11:47

Bought more. I can see silver motoring in the first 5 months of the year.

766 shares bought at 1,405.4627p

Value:
(Excl. stamp duty, commission and PTM levy) £10,765.84
PTM levy: £1.00
Commission: £5.95
Stamp duty: £53.83
Settlement date: 12/01/2017
Total value of trade: £10,826.62

This is also fundamentally cheap on any metric and superb leverage to the silver price.

[stevea171] 10/1/2017 10:53

DB. Production results are mainly about production as one might expect.

Prices/profit are covered in detail in the Interim/FY results reporting. As it happens Q3 prices were good for the PM's and Q4 prices were down but over H2 that will to some extent even itself out ....

[daybreakers] 10/1/2017 10:43

Doubt production results will be any good with silver/gold down last quarter

[daybreakers] 10/1/2017 09:58

Weekly is not overbought yet but daily is overbought, hence why I still hold but tempted to bank profit

[discodave4] 09/1/2017 22:21

Erik, fair play for declaring your short. Good luck with that.Ain't going to hit first support 1342 let alone second support, and your stop, at 1314.1385 next hopefully. For the record I'm long.DD

[bookbroker] 09/1/2017 20:52

Why 1314, this will consolidate, but the price will be determined by the PM markets!

[dt1010] 09/1/2017 20:08

I think not.

This will move up tomorrow.

[eriktherock] 09/1/2017 20:02

It's a short to 1314ish

[dt1010] 09/1/2017 19:06

Agree H. Certainly by end of 17.

[shakeypremis] 08/1/2017 19:38

That would be very nice Hectorp! We'll have to see.

[hectorp] 08/1/2017 14:48

I also expect silver to be $24 or $25 in coming months.

[dt1010] 07/1/2017 19:06

hardly worth it

[eriktherock] 07/1/2017 17:28

It's a short to 1314ish

[daybreakers] 06/1/2017 23:37

Silver will outperform gold. 😉

[dt1010] 06/1/2017 16:03

Torex Gold Resourses on TSX
B2Gold Corporation

[ifthecapfits] 06/1/2017 12:27

one that doesn't lose you money ;0

[saturn5] 06/1/2017 11:32

whats a good gold share

[dt1010] 06/1/2017 07:35

It's a big day for data across the pond with US non-farm payrolls due. Payrolls are forecast to rise by 175,000 in December, with average hourly earnings tipped to be 0.3 per cent higher. Unemployment figures for December are also out, and are predicted to rise to 4.7 per cent - up from 4.6 per cent in November.

City A.M.

[dt1010] 05/1/2017 18:39

£30 golden, wow, I can't make any (hoped for) predictions here beyond £20 in 2017.

But even that looks like it might be reached within 3 months?

I make a prediction on silver too:

It will climb to $25 in 2017 pulled higher by gold, increased industrial demand and military spending. It may even reach for $30.

A lot of money going to made in silver and gold stocks this year.

[topicel] 05/1/2017 18:19

Why that long Golden?

It was taken down faster.

Do you not think the old ten percent days are around the corner?

That'll put the mockers on it. Lol.

But seriously, all the obvious Trump reasons apply of low dollar and high inflation and him backing gold for PMs to rally beyond old highs...

Topicel

[goldenshare888] 05/1/2017 17:20

£30 target for me in 7 months time - August 2017!!

:)))