Hochschild Mining Share Discussion Threads

[simonthe1st] 07/10/2016 14:05

And on top of Chinese precious metal buying from the early hours Monday morning onwards, we have the Q3 2016 Hochschild Mining Production Results next Thursday.

Next week could be a very good week for HOC indeed.

[hectorp] 07/10/2016 14:02

Excellent rebound started in silver and gold, HOC is benefitting too. I doubt many of us didn't expect it to be so.

[simonthe1st] 07/10/2016 13:59

An enormous short squeeze would be very nice indeed.

[topicel] 07/10/2016 13:58

265p buy triggered, so now let's see the shorters close ahead of the weekend and the price recover ahead of the Chinese opening on Sunday night and taking advantage of the remaining PM sale price.

They won't be able to reverse all of this week in one go, will they?

Topicel

[simonthe1st] 07/10/2016 13:56

I wonder if selling a bit of stuff on ebay counts as a job in the US like it does in the UK.

[marcusm1000] 07/10/2016 13:40

Thanks Simon

[simonthe1st] 07/10/2016 13:37

Manipulators swing into action with gold and silver.....

[shakeypremis] 07/10/2016 13:35

Bought back in to HOC earlier today at 256p, let's see if we get a decent increase. We've seen gold and silver rise strongly before after weak jobs data and then be brought back down again within hours. Will that happen today? Can only wait and see unfortunately.

[juju44] 07/10/2016 13:34

thats more than slightly , especially when the jobs are all poodle shampooers

[shakeypremis] 07/10/2016 13:32

Payroll misses slightly. 150k vs 172k forecast

[simonthe1st] 07/10/2016 13:30

156K v 171K forecast v 167K previous(revised from 151k)

[marcusm1000] 07/10/2016 13:26

simonthe1st do you have a link for the jobs data please?

[simonthe1st] 07/10/2016 13:21

Not long to go. We all know the jobs data is rigged. What a farce all this is.

[topicel] 07/10/2016 11:26

The 265p buy order looks to have been about right for the maximum prior to jobs data so now we just wait and see.

Doomberg are saying consensus (invented) number is around 172k and that or above would keep the interest rate Hawks happy. Below, as some have predicted is on the cards and is a reason for this week's slam down in PMs, and we should get a nice bounce.

We've had 10% moves here quite often on these shenanigans, so back to 290p would be hilarious and profitable if buys are placed as I have at 265p, and the shorts get fully squeezed on 'unsatisfactory' job numbers.

The smart may well be closing this morning, looking at the action, but still it could reverse IMHO. Stand by your beds!

Topicel

[sogoesit] 07/10/2016 10:33

Interesting comment 7296....
As if a punter on this thread is going to have any effect whatsoever on Mr Market!
The same logic applies to numbers; ban the numbers too! Lol!

[pixi] 07/10/2016 09:58

hxxp://www.gold-eagle.com/article/gold%E2%80%99s-second-waterfall-drop-week

[gaaston] 07/10/2016 09:50

It is usually on a Friday afternoon (for reasons I can't remember) when a big smack-down can happen. So, let us see and I guess there'll be buying from the east over Sunday night: silver that is.

[topicel] 07/10/2016 09:17

Well, it really is down to the jobs number and how it is perceived in the markets as pointing towards the rate rise in December and the PM reaction as a result.

I am happy my observation yesterday that the triple bottom here around 250p is holding, as it is at Fresnillo btw, and so as long as there is no break down like a flash trade moment we saw in sterling overnight, lol, then we might really be gearing up for a stronger run into the election and beyond.

My conjecture is as irrational as the next bloke's! Just be prepared to buy on the news, I have a buy order set around 265p which would miss some of the gains if the numbers are weak but would still be a nice amount of extra shares if the coiled spring rebound does take effect....

Topicel

[muffster] 07/10/2016 08:28

Looking strong this morning. Bought more. Expecting jobs fiddle to help here today

[juju44] 07/10/2016 08:24

Dont under estimate the ability of the financial mafia to keep the ponzi going for many more tears with the help of their printing press

[goldenshare888] 07/10/2016 08:15

When the PONZI scheme eventually implodes GOLD & SILVER will blast off big time!

:))

[pixi] 07/10/2016 07:38

When they close their massive shorts to crystalise a profit, gold and silver will simultaneously rocket.

[simonthe1st] 07/10/2016 01:44

Lest we forget:

16/08/2016 JP MORGAN: "Hochschild is inexpensive versus peers"

17/08/2016 INVESTORS CHRONICLE: "Hochschild is priced at a significant discount to sector peers"

07/09/2016 NUMIS: "Add".... Target = 320p

03/10/2016 ROYAL BANK OF CANADA: "Outperform".... Target = 335p

[simonthe1st] 07/10/2016 00:25

Could trigger a big short squeeze, brutus!