Hochschild Mining Share Discussion Threads

[maximoney1] 20/10/2016 12:25

DT1010, i've noticed a few 'similar' type articles on PM miners, using the fact that what these miners have been doing in preparation for the next leg higher, shows up currently in the 'fundamental' numbers, but with no allowance for the very much increased upside potential that will come to fruition based on these very actions....imo. It is a gamble, but i feel you need to look ahead at potential, rather than concentrating on the 'just now' figures, unless something is glaringly obvious. These articles are getting bigger players in, at favourable prices...but that perhaps is just a biased view on my part.

Look at the number that have increased their exploration budgets 30% and above, and suddenly they are all ramping up production outputs substantially, mill capacities getting boosted, bottlenecks being addressed etc etc etc. Prep done or being done costs, so perhaps a hit on cashflow etc, but should reward handsomely.

[dt1010] 20/10/2016 12:15

Silver will drive the price here.

The article is naive.

[maximoney1] 20/10/2016 12:01

Pixi(7738), just to be clear, i think the downside scenario to £2.17 is highly highly unlikely, i was simply making peeps aware that at that price it would still be in a bull uptrend, just in case of a spike down. Unless the PM's collapse(again i'm favouring upside rather than collapse)then the triangulation pattern forming on HOC is absolutely textbook perfect for an upside breakout(four waves formed and now completing the 5th, with a minimum price £2.93 and £3.40+ more likely by end of year. At this point in time, i would now be very surprised if price fell below £2.51 (and this value will rise a little as each day progresses), but we will let the PM market tell us.

[goldenshare888] 20/10/2016 10:56

The article is a crock and anyone with half a brain will see through it.

Not at all concerned, but if the opportunity arises to buy more at lower prices I am ready.

I forecast higher prices and see 400p - 700p within 6 -12 months.

:)))

[dilbert dogbreadth] 20/10/2016 10:42

I trust you meant will not affect the share price for a long time.

[johntrustee] 20/10/2016 10:37

This report on HOC will affect the share price for a long time. It is already appearing on Google searches. The truth is that no report at any time reveals the future. My belief is that govrnments must resort to inflationary devaluation of their currencies to pay massive debts. Also the geopoltically fragile state of the world means that gold and silver will be a safe haven. HOC is a well-run company and produces gold and silver at profitable levels.

[scottishfield] 20/10/2016 10:32

Perhaps pixi; I like to think that the PM prices are forming a bottom, but who knows? Happy holder.

[pixi] 20/10/2016 09:30

It looks like Maxi was bang on with the alternative scenario to me.

More paper to get dumped to smack PM's down/increase in value of dollar?

I'm staying in and if it falls to 2.10, I'll buy more.

[hectorp] 20/10/2016 09:24

That is what they did: reversed, by intent or accident, the dollar -pound exchange rate effect.
I think I prefer " gold and silver leaving the station"

[extrader] 20/10/2016 08:24

Hi Lauders,

I skimmed your link to simply Wall St. I was not encouraged by :



Value = Total value / Shares Outstanding ($1,302.71 / 508.53)

Value per share (USD): $2.56

Exchange rate USD /GBP = 0.821

Value per share (GBP): $ 2.1

The cashflows are also massively affected by HOC's improving AICs; by the forecast prices of Au and Ag; by any ramp-up in production; and by the USD/GBP exhange rate.

If the analyst confuses $ and £, what chance of getting the other factors even in the ballpark ?

ATB

[lauders] 20/10/2016 07:52

Gold and silver not looking so perky today so Phase II may have to wait a little longer goldenshare888? Articles like this, which I just found and have to look at in more detail later, don't really help:



To finish off with if we compare the intrinsic value of $2.1 to the current share price of £2.56 we find Hochschild Mining (LSE:HOC) is slightly overpriced and not available at a discount at this time.

[goldenshare888] 20/10/2016 07:34

PHASE II :)))

Just read a forecast for $1700+ GOLD within 12 months!

An indicator forecasting this as a median result in article on King world News - SentimenTrader.

:)))

HOC could blast through recent c320p high very soon hopefully.

:)))

Holding ALL and adding on pullbacks, waiting for my target price of 700p next year!

:)))

[simonthe1st] 19/10/2016 21:45

Testing Testing Testing

[crosseyed] 19/10/2016 20:49

You don't need to type in "hxxp" instead of "http" to avoid ADVFN's filtering of links posted by non-blues...simply change any of the letters to a capital, as CC has done in the last post, and then the link works without alteration.

c

[pixi] 19/10/2016 18:37

I see what you mean.Thank you. There are some brilliant quotes in there.

[pixi] 19/10/2016 18:33

Simon

It is http, but copying here has changed it. Maybe ADVFN have automatically changed it to make it difficult for folk.

[simonthe1st] 19/10/2016 18:30

pixi, you need to change http to hTTp, otherwise it comes out as hxxp and link doesn't work!

[pixi] 19/10/2016 18:26

Phase Two - Train Leaving station.

hxxp://www.gold-eagle.com/article/your-attention-please-phase-two-gold-and-silver-train-now-leaving-station-all-aboard

[simonthe1st] 19/10/2016 16:43

Strong close, up 4%, much more to come.

[scottishfield] 19/10/2016 16:20

See you tomorrow Lauders, good luck

[lauders] 19/10/2016 16:18

Nearly made it to 280p :-) This is more like it. With another positive day tomorrow the recent trend will hopefully be reversed! Off to sleep now and hope the price is over the 280p level at close of play.