Hochschild Mining Share Discussion Threads

[dt1010] 26/6/2018 14:18

Oversold based on ramp up in earnings next year....snore

[dogberry202000] 26/6/2018 13:17

This is holding up well in spite of weakness in silver.

[onedayrodders] 25/6/2018 13:02

Hhmnn .. yes looking like a short term 'timber' moment back to 140/150.

Further PM weakness will dictate but personally think that will be a good trading opp.

Until Gold breaks $1380-1400 I think all you can do is trade this stock

[richkid71] 25/6/2018 09:39

This really is rubbish.

[andyb02] 21/6/2018 16:22

For chartists 1261 is the 78.6% retracement of the last big move in Gold … from 1235 to 1365 … if Gold is going to bounce it's going to be here … fingers crossed … and if it does bounce let's hope it takes HOC with it :-)

[crosseyed] 21/6/2018 11:47

steve,
I haven't been away, continue to add to my gold and silver holdings...and of course HOC.
Thanks for your valuable thread and posts.
c

[stevea171] 21/6/2018 11:42

Crosseyed. I stand corrected!

How are you these days? and any success with investments?

[crosseyed] 21/6/2018 11:30

steve,
Summer Solstice: 21st June (longest day in the norther hemisphere)
Midsummer's Day: 24th June (Feast of St John The Baptist, one of the Quarter Days)
Quite a common mistake!
c

[breaktwister] 21/6/2018 11:06

I think any investor here has to be patient. These are in my SIPP so happy to buy dips like this near support and wait it out. Silver price being squeezed into multi year apex and my bet is a break to the upside.

[stevea171] 21/6/2018 11:00

Breaktwister. Hope you do well with that but might have to wait a tad ....

Summer solstice - mid summer's day.

Sunny, lovely day too where I am.
What a late Spring and Summer so far in complete contrast to last year!

[breaktwister] 21/6/2018 10:51

Had to buy more here. Just had to.

[stevea171] 21/6/2018 08:58

HOC at 187p around the 18 month low of 185p.
FRES at 1150p heading for the 18 month low of around 1100p?

The gold cartel has killed off any positive sentiment towards PM miners. Even the very good ones like these.

[dt1010] 20/6/2018 22:01

Surely up from here

Boo hoo

[stevea171] 20/6/2018 19:29

20/6/18. Now 3 weeks on from my last PM charting commentaries. Gold has performed as expected with the cartel stepping up the take down for the summer slumber. See what happened a year ago for both gold & silver.
End of June, like end December is another benchmark that's approaching when the cartel like to 'paint the tape' with unrepresentative low readings of the PM's as part of the psychology of the 'war on gold'.

1/6/18. Gold is not being allowed to re-cross the 200DMA back to where it was. The gold cartel for now is able to prevent a resumption of the strong gold rising chart. The 200DMA curve is starting to flatten out now so the aim may be to turn it down in the summer months ahead of the next gold season commencing in August.



Silver in vice like control below the 200DMA to act as a brake on gold and because it's much easier to control than gold. All the experts' forecasts of silver breaking out much higher month after month have come to naught.

1st June. With 5 months of the year now gone it's been another wasted year so far iro silver prices.

[edjge2] 20/6/2018 08:26

Sub 190p yesterday quite an offer and not bad with gold 1275 or so.

[juju44] 19/6/2018 17:44

With Trump smashing up the world , dollar falling and dow falling , it is essential to crush the PMs just in case anyone is attracted to them

[17902] 19/6/2018 17:25

Godot? or oh God...

[edjge2] 19/6/2018 07:50

OTT Qui in AMC myself. Plenty of upwards potential, funding as always.Petropavlosk moved from 6.5p tremendoppous potential with gold breakout.
Suspect sil;ver breakout for HOC will be more extreme when it comes. Copying Godoh at present.

[rathean] 18/6/2018 15:39

Back in at 187.98, falling knife and all that but this is looking over sold imo and has some long term support around these levels*.*insert usual Trump disclaimer here.

[qui quaerit reperit] 17/6/2018 23:15

Check another one - AMC,over $20 billion in a ground,sp - 5p...

[stevea171] 16/6/2018 17:20

Rhu. I see you are being well looked after. Have never taken a look at EUA but was put off Russian miners after the disaster that was and is POG. Got out years ago fortunately but took a large loss. Blame management and Peter Hambro mainly for this fiasco!

Yes, the Medusa Board changes are a huge shock which I don't think anyone saw coming.

However BT did not sound or look 100% (cf when I attended his presentation in London) in the presentation he gave recently in Hong Kong. Reason given for retirement: the onerous travel required for his role. He is based in Perth but likely spends time on Mindanao each month as effectively CEO and COO rolled into one. 'Retirement' to me means from a full time executive role. In theory, he could have stepped down as an exec and accepted a non-exec role. But this hasn't happened. Maybe he is returning to Canada?

Instead PHB has been brought back onto the Board as a non-exec who spent a disastrous 3 years as Medusa's CEO. PHB failed every promise for 12 consecutive quarters, was a disaster for the company, can not be trusted, but was never sacked until the end. I asked a director who presided over this farce and near failure of the company why he was allowed to continue. He said the Board did not have sufficient technical expertise to be able to determine if PHB as CEO, if his plans were achievable or not. So clearly the Board was at fault massively as well, including Teo, Chairman, who presided over the shambles with zero authority.

Now this.

The only ray of hope is the appt of Dave McGowan as COO who has been with Medusa since Feb 2017 in a general manager engineering role. He has a lot of experience, 35 years, incl with Barrick Gold, Resolute Mining etc and should be excellent. He is based in Perth and has similar travel requirements to operations on Mindanao.

Linked in photo and profile:
hxxps://au.linkedin.com/in/dave-mcgowan-05866429

I think there will be no change with the final completion of the mine development plans by the end of September and production at approx 25k oz per quarter for June and Sept, later ramping up. What is at issue is why all this management chaos (again) and who will step into BT's shoes and when? I'm not at all happy but plan to stay invested, watch and see for now .....

[juju44] 16/6/2018 10:52

Technically silver was on the edge of a major breakout from a wedge formation . They had to smash it before the tech signal caused a buying surge