Hochschild Mining Share Discussion Threads

[shakeypremis] 07/2/2017 17:33

Silver and gold both now making assaults on yesterday's highs!

[onedayrodders] 07/2/2017 16:22

amen to that steve.

[dt1010] 07/2/2017 16:10

Very nice reversal for silver today.

Will we see 300p this week?

I think so.

[stevea171] 07/2/2017 15:57

ODR. We don't know the cause of the rock fall or where fault may lie. Inmaculada is a new high tech mine with heavy investment in mechanisation and safety measures so all the safety measures should already be in place.
The inspectors job is to make recommendations so that hopefully such an event can't recur.

[onedayrodders] 07/2/2017 15:49

and hopefully the Inmaculada Mine re-opens soon with the required safety measures in place.

[goldenshare888] 07/2/2017 15:44

When it moves it really moves. I expect 300p+ soon.

[stevea171] 07/2/2017 15:34

Traders here losing position as they sell into the share price rise but the share price is hardly backing off, it keeps on rising so they can't get back in without paying more ....

Today HOC is making up for the recent under performance compared to some of its LSE listed peers incl CEY, HGM, etc.

[hectorp] 07/2/2017 15:31

Ho ho! very good
markets look like they will rise at an average 2% for the next 30 years I read somewhere this morning, so the need for silver will simply create the reverse flow after peak silver, ie silver will rise several percent or more annually. Silver looks much better than gold now to me.

[goldenshare888] 07/2/2017 15:29

DT,

I still have 700p target, but that is at year end 2017.

550p target is for before end August 2017.

NB. I would also be happy with 400p or 450p as it's all good.

:)))

[saturdaygirl] 07/2/2017 15:06

Do we get the 10% rise today ?

[topicel] 07/2/2017 15:02

Indeed, comparisons are often futile. I usually go by percentage of shares in issue traded and see how that stacks up.

Equally, sector rotation and interest moves things and in that regard I would imagine we are a big interest now and going forward as a company with FY coming up.

DT - the pattern is similar to last year but I don't think we'll get the same reversal. Trump can't be elected again! PM demand will continue into the second half this time and the dollar will weaken to spur this on.

Need I remind everyone of the economic truth that Trump can't do anything with a strong dollar...or rising interest rates. The opposites are all boom time for gold and silver.

Topicel

[lauders] 07/2/2017 15:01

Silver coming back and HOC & FRES responding. We might actually make it back to 300p at this rate :-)

[stevea171] 07/2/2017 14:33

Topicel. Not compared to the 20 million on one day in mid December but that was a remarkable one off! Volume comparison with other Ftse250 companies is not too rewarding. Sp, shares in issue, sector - all come into it.

The past couple of weeks volume here has been down with the falling interest in miners due to the fall in the PM prices. Volume today is likely to be around 3 million which for HOC will be very respectable ....

[dt1010] 07/2/2017 14:26

Even 400p would be nice

My feeling is that 2017 will be a tale of two halves.

I think silver and gold will be good until May June time...

It is funny though....last year golden was saying 750p

I love seeing bullishness but to be honest, if this gets to 450p in 12 months that would be a hell of a return. Even 400p would be.

[topicel] 07/2/2017 14:17

Split the difference and be happy with 500p guys? Lol, I know I would by August...

Topicel

[topicel] 07/2/2017 14:16

Stevea, is that good volume here? It doesn't seem a great deal for a FTSE 250 share in demand.

Topicel

[dt1010] 07/2/2017 14:00

550p is pushing it golden.

But if silver continues to behave we could see 450p IMO

[stevea171] 07/2/2017 13:14

Institutions wading in today to HOC as there is the chart break out and looking forward to stellar FY Results and FY dividend in about a month's time. On course for the highest close in 3 months. Volume 1.6 million so far with maybe 3 million or so for the day.

2016 EPS likely to beat $0.11 Broker forecasts with likely 2017 EPS well ahead of this to drop the PE ratio. At the end of the day investment here is not about PE ratios but getting exposure to a top 5 primary silver producer near the start of a silver mega boom that will take the silver price to the Moon and the profitability and share price here to the Stars ..... !! :-)

[shakeypremis] 07/2/2017 12:57

Boom baby.

[goldenshare888] 07/2/2017 12:44

:))

Real momentum play here.........

550p is my target by August 2017!

:))

[onedayrodders] 07/2/2017 12:32

POS possible latching on again to yesterday's trendline

;o)

[dt1010] 07/2/2017 12:10

Huge buying going on here. Combination of shorts closing and break out.

Target 300p short term.

Can see 450-500 this year.

[spagnolia] 07/2/2017 10:59

A few days closing above the 260 level will be very bullish. The previous shorts that broke that level around November time will be getting stopped out so this will in turn help fuel the rise and more upside. Next target is 288 but lots of volume has traded historically between 260 and 288 so might get stuck for a while...looks very bullish though!!

[breaktwister] 07/2/2017 10:49

Shakey, my thoughts exactly re: USD head and shoulders. USD is back over 100 on the index and has actually risen 4 out of the last 5 sessions alongside PM gains. Much more to come from PMs when the dollar slides again.

[hectorp] 07/2/2017 10:35

A brilliant session! well done holders, and myself for a change well in the money here. Target certainly 500 SG