Hochschild Mining Share Discussion Threads

[gersemi] 01/9/2017 13:31

Gold's just exploded

[goldenshare888] 01/9/2017 13:16

Exactly Charles, depends on your entry point.

Also rich probably wasn't invested last time this went from c 60p to 700p mainly before metals took off.

[charles clore] 01/9/2017 13:06

rich - look at the chart. From under 200p in 2016 to over 300p last month. The rising pattern is there. It has already taken off.

[richkid71] 01/9/2017 11:31

This isn't going to take off until volume picks up and metals are much higher.

[goldenshare888] 01/9/2017 08:08

BUY now or pay more later?

:))

[extrader] 31/8/2017 21:11

Hi all,

Price strength may have something to do with a Rickard report that Steve Mnuchin of the Treasury recently visited Fort knox (only the third TSec to do so , it's claimed).

Supposedly to check that the gold is actually there, as a precursor to using its planned revaluation from US$ 42 carrying value to current price as backing for gold certificates to be used to finance the breach of the US Govt debt ceiling and prevent a shutdown.....

Well, full marks for creativity, at least ;->

And HOC is now 50/50 Ag/Au....

ATB

[hectorp] 31/8/2017 16:57

silver , due to gold , gold rises with crude. However HOC has lagged the three day improvement in Silver price, should be over 300 now, but perhaps it was the recent relatively weak news. It should not last for long, but we need silver over $18 in October, which would really help HOC and others. With that in view a 6 week channel of time to get HOC back to 330, though the medium tern chart has shark teeth patterns! so could go up next week.

[dingo75] 31/8/2017 16:49

there are two black swans that have turned white now!!

[dingo75] 31/8/2017 16:16

are you kidding me
Gold has broken through 5 key point levels on my trading system, silver hasn't quite yet, non farms regardless, Gold is heading to at least $1420 minimum within 3 months, if $1450 is broken by November, i'm looking $1640 December minimum.

Black swan
With real Geo political events and it's anyones game, the dollar won't be a factor in bringing gold back, Gold will be on it's own trajectory to $2000+. There's just too much money moving into Gold from not the normal characters.
Volume will smash new records on a daily basis.
Don't get shaken out.

I won't go on.
Just don't let go of Gold Silver Exposure.

[edjge2] 31/8/2017 16:08

USD index got shakey

[shakeypremis] 31/8/2017 15:42

Where did that come from? Gold and silver both up strongly.

[onedayrodders] 31/8/2017 14:29

Lauders .. my point was those numbers had been breached and closed above, not that PM's cant go back below them in consolidation before the next move up.

[edjge2] 31/8/2017 14:24

Obviously mistaken good figures came out for NFP earlier this year to spark a 1200 dive to, and oneday, eeza totally agree. Did not see any adjustment though. Desperation clicking in as NK likely to play with their toys over the weekend as they seem to do so may be best in PMs.
NFP may well force sub 1300 but depends on dollar. Doing a $ reaction bounce off the support/low but showing signs of reverting today, if weak may well move to 80s. YEEhah goldies!

[eeza] 31/8/2017 12:28

The Crimms can put the POS & POG wherever they like, and similarly the FED can magic the jobs/NFP wherever they like. And do.
All official figures are bogus and manipulated to goal-seek.

[lauders] 31/8/2017 12:15

Only just above $1300 ODR. Won't take much for our "friends" to make it go back down I am sure. HOC sure is volatile!

[onedayrodders] 31/8/2017 12:10

The dreaded NFP's ..forgot about that

Lets hope they do disappoint but with gold above $1300 something tells me they will beat expectations only to be significantly downgraded at a later date

[stevea171] 31/8/2017 11:21

WARNING: Friday’s Jobs Report
Top Citi analyst Tom Fitzpatrick: There is a real danger that Friday’s initial print could disappoint relative to the 180k expectation (and even more so relative to the just released ADP number of 237k)…

In 20 years the August initial print has been above 200k only once (That was 1998 when we saw a +365k number. However that was obviously an aberration as it was preceded by a +66k number and followed by a +69 number).

What is also interesting is the path we have seen this year on releases and that seen in 1999.

NFP releases (Actual numbers, not revisions. Source: Bloomberg)



There is real danger that Friday’s initial print could come out in the +140-150k range.

It will be very interesting to see how gold and silver trade after this week’s Non-Farm Payrolls Report is released. If there is a significant miss, could this be a catalyst for more upside action in the metals?

[juju44] 31/8/2017 11:19

Top , communication is difficult. The obvious gap is "about " 300 to 315 , looking at the candlestick chart. Thats the gap I am after. It also left a small gap "about 267 which may or may not be closed .( 90% get closed ) . I may choose to do as you say but that 267 gap concerns me even if small . The indicators are all suggesting a floor and a good place to buy but if I can get it cheaper I will in the belief that sooner or later the 315 gap will be closed

[topicel] 31/8/2017 10:47

I agree, divi prospectors would not be here, but if you have a big stake it Eli's keep the wolf from the door compared with in a bank as the capital appreciation is generally solid since 2015.

As the debt finally clears the level will rise, maybe to 2%, and then more funds would diversify into HOC if that is their rationale. It is those investment houses that the divvy is really for, and pension funds of course.

Juju - you do move the goalposts, you were categoric about the gap at 315p, no mention before of a range 300-315...! It begs the question why not put your money where your mouth is and invest again with another stop loss as it is below your 284 exit and the higher gap is further away so the better 'gamble'.

As you say, plenty other fish but in my experience it is better to know one very well, and that you surely must about HOC after all the time you've spent here? Even I pick some things up... ;)

Topicel

[ifthecapfits] 31/8/2017 10:27

Whilst the divi is nice to have - I doubt many invest here because of it. Might be wrong.

[juju44] 31/8/2017 09:52

Top , the gap I am after is 300 - 315 but it also left a gap at 267 . I made some money on the lift from 263 to my cut out at 284. I will wait for 267 to close then back in. If it doesnt happen , big deal , lots of other fish to fry. Good luck

[andyc100] 31/8/2017 09:43

Interesting to see HOC invest in a cobalt mining company. Colbalt being the main component of electric car batteries. Maybe looking to further diversify its risk. Not a bad place to be imho given the recent push for electric vehicles. Smart move.

[onedayrodders] 31/8/2017 09:34

1720 for silver , 1300 for gold

those numbers have been breached and closed above so we should be just consolidating before moving up again.

It's that easy

;o)

[topicel] 31/8/2017 09:30

Lol juju, what about your gaps man?! Now you've been stopped out are you a 267p or 318p to be be filled first man?

It is no good sitting on the sidelines unless you're not sure...

Topicel