Hochschild Mining Share Discussion Threads

[goldenshare888] 10/2/2017 12:38

Interesting that last time it happened we went from c 50p to c320p for a 270p gain or c 6 BAGGER!

Same again please 260p plus 270p = 530p - is only basically a double from here!

My target 550p before August 2017

[charles clore] 10/2/2017 12:34

I am looking for 295p as the next target level. Then hopefully another pop at 300p

[pillion] 10/2/2017 12:22

Stand by for the cross-over

[topicel] 10/2/2017 11:21

Did Van Eck not have to report at 3% level? And each subsequent 1% thereafter?

Which would lead us to assume they were indeed buying big and fast and probably wanted in below 240p and hence the pullbacks and levels around there for a fortnight while they were 'accommodated'?

Mates rates. But, as ever, if they prosper ultimately so do we. And it does add to the lack of free float, if you pardon the double negative.

Topicel

[topicel] 10/2/2017 11:18

Stevea, Van Eck grabbing that amount is very bullish IMHO.

At the very start of last year the very private investment fund Silchester bought into Angl American with a similar level buy and at the time I suggested on that thread the move was the sign of the worst being over for AAL. The price was around £2 then, 5th January RNS if I recall, and look at the price over the last year. Seven-bagger.

So AAL were priced to go bust, but HOC was to a certain extent late 2015 too and has continued to reduce debt and produce stunning results since. Both the tales suggest Van Eck are seeing plenty of upside too even after the 4-bagger from the lows late 15.

Great news given the wider macro picture too! Goldenshares will get his 500p methinks... ;)

Topicel

[breaktwister] 10/2/2017 11:13

Much appreciated Steve.I wonder if there will be more Comex paper slamming today? "How dare you peasants swap our precious currency for that worthless metal - take that". In which case I just keep stacking.

[goldenshare888] 10/2/2017 11:10

It's one of the reasons this is my largest holding. :)))

Major gains to be made here when SILVER & GOLD move higher!

:))))

[stevea171] 10/2/2017 11:03

HOC. Number shares in issue: 507.232 million

74% are long term tightly held stakes leaving only 26% for other institutions and private investors. This is a very unusual share profile for a mid sized Ftse250 company. It means that there is a huge base support and when the market for silver miners takes off there will likely be few shares on offer for sale so the share price should massively outperform.

Major interest in shares:
Eduardo Hochschild 54%
Vanguard 5.8%,
VanEck 5%,
Prudential (incl M&G) 4.9%,
Standard Life 4.7%

[goldenshare888] 10/2/2017 10:56

I am not surprised VanEck are increasing their sizeable holding.

Looks like over 500,000 shares added to their stack recently.

YUM :))

[breaktwister] 10/2/2017 10:48

Agree DT, but there comes a point where the debt becomes so large that the interest cannot be serviced. This would be the case in the USA if interest rates were "normalised".

[shakeypremis] 10/2/2017 10:44

Perhaps that's why the price was held down recently. Or perhaps they have been slowly accumulating for a long time, we don't know. Regardless it is encouraging.

[stevea171] 10/2/2017 10:31

VanEck announces today it has a 5%, 25.5 million share stake in HOC.
This is the first time VanEck have reported a notifiable stake in this company so they must have been buying big recently. Shrewd move ....

VanEck Vectors Junior Gold Miners ETF - 4.97%

VanEck Vectors Junior Gold Miners UCTIS ETF - 0.06%

VanEck Vectors Junior Gold Miners ETF provides global coverage for junior miners listed in Australia, Canada, China, South Africa, the United Kingdom ...

[dt1010] 10/2/2017 10:21

Yes the while system is rigged but ever since they started printing money in March 2009 it's been an incredible bull market and despite being a big PM fan, I have done very well out of this corrupt money printing system.
Anyone holding property in the South East and london has too.
Anyone holding FTSE 100 and 250 has too.
So we can all say it's corrupt but lets face it we're all grateful for the increase in our net worth thanks to QE and the corruption of the banking elite/political system we hate so much.
But hey, role on the fiat collapse....or more likely QE4, 5, 6 etc... The point is it'll always be 'collapse? Not on my watch', the 'leaders' will always bottle it and print more money.....chiefly to avoid destruction of the elite and banking collapse...and also to inflate away the sovereign debts ....

[jimbowen30] 10/2/2017 10:11

silver production declining....

[breaktwister] 10/2/2017 09:50

DT, no breath holding here for sure, you need to be a realist in the markets even though they quite often, especially in the last 8 years, operate in fantasy land.

[dt1010] 10/2/2017 09:43

Break the 'fiat collapse' is the stuff of wet dreams for gold bugs. I wouldn't hold your breath though.

[goldenshare888] 10/2/2017 09:13

A small pullback and consolidation is very healthy.

Onwards & upwards next week I feel.

:))

[breaktwister] 10/2/2017 09:06

Yes DT but the Shanghai exchange has not been operating for years. The slams are costing more and more each time in respect of volume to cause decline, risk to perform, and physical leaving the vaults

[dt1010] 10/2/2017 08:23

'When the paper markets finally collapse...'

Lol we could be waiting a while, 'experts' have been using that phrase for years!!

[saturdaygirl] 09/2/2017 22:01

Crooks working at large ..

[rathkum] 09/2/2017 21:57

Silver Price 2017 Trend Forecast

[saturdaygirl] 09/2/2017 21:57

Huge effort trying to dismantle the Gold Price

Desperation in front of our very eyes .

[saturdaygirl] 09/2/2017 20:44

Silver Market Set Up For Much Higher Price Move Than Gold

When the paper markets finally collapse, the silver market is set up for much higher price gains than gold. Why? Because the fundamentals show that precious metals investment demand has put a great deal more pressure on the silver supply than gold… and by a long shot.

There are three crucial reasons why the silver price will outperform the gold price when the highly inflated paper markets disintegrate under the weight of massive debt and derivatives. While many precious metals investors are frustrated by the ability of the Fed and Central Banks to continue to prop up the markets, the longer they postpone the day of reckoning, the worse the collapse.


Full article here .

[onedayrodders] 09/2/2017 20:38

"The banks must feel threatened by the recent activity in both physical and paper gold trading. This morning the price of gold was attacked in the Comex paper market after St. Louis Fed-head, James Bullard, delivered remarks about interest rate policy that should have propelled the price of gold higher: “We think the low-safe-real-rate regime is unlikely to change in the near term. This means the policy rate can also remain relatively low over the forecast horizon” (link)."

[goldenshare888] 09/2/2017 20:28

That time is getting nearer every day!

They dumped c 11.1 tons paper gold toilet paper on the comex today in a minute and all they have managed is a c $10 price decline!!

GOLD PHYSICAL PREMIUM ON THE SGE IS RUNNING IN THE LATE TEENS SO US EFFORTS AT SUPPRESSION AMOUNT TO DIDLY SQUAT ANYWAY.

The game is nearly over as China alone are probably sucking in entire global production!

Remember: THE GOLDEN RULE

HE WHO HAS THE GOLD MAKES THE RULES