Hochschild Mining Share Discussion Threads

[topicel] 03/9/2017 09:22

Exactly nrc, ever since Easter and the first serious fun and games this year with ICBM testing and Trump then trying out his MOAB we see another big NK move during a long holiday weekend for the States.

So no time for the PMs to really react...

There will be plenty of soothing, calming and dismissive chatter from the admin by midnight tonight when, presumably, the Asian sessions get going.

What exactly is the point? There must be one for it to be so cleverly timed/manipulated on each occasion? Abe in Japan again says "this is completely unacceptable" about the H-bomb test, just as he did last weekend about the missile flying over his toothless, US-crony country.

Nothing much can happen, that we do know. But what is the underlying agenda involving TPTB? More angst for Trump, as simple as that? See if he is more easily impeachable/removable by some other daft act?

I'd imagine if this was Tuesday then gold would gain 3-4% and sit looking at $1400 and silver definitely back to $18. But as with the election of Trump, there is ample firepower to smash it down overnight to deter those numbers - yet...

Topicel

[eeza] 03/9/2017 07:44

Should also be bullish for PMs.

[nrc] 03/9/2017 05:01

Looks like predictions of further NK w/e activity were correct...

First the picture of the "H bomb warhead" & now the report on a possible detonation...

[lauders] 03/9/2017 03:48

The bottom line is the major silver miners fared fine in Q2 despite some real challenges. A combination of silver continuing to seriously lag gold, along with anomalous company-specific problems, weighed on miners’ collective results. Yet they continued to produce silver at all-in sustaining costs way below Q2’s low prevailing silver prices. And their accelerating gold-production growth leaves them financially stronger.

With silver-stock sentiment remaining excessively bearish, this sector is primed to soar as silver itself continues mean reverting higher to catch up with gold’s current upleg. The silver miners’ profits leverage to rising silver prices remains outstanding. After fleeing silver stocks so aggressively this year, investors and speculators alike will have to do big buying to reestablish silver-mining positions. That will fuel major upside.

Talking to the converted I know! At least HOC is one of the "pure" silver producers mentioned (just in at 52%), but shame the AISC was not stated in the table.

[stevea171] 02/9/2017 12:16

CC. I have been wondering about that too. The 200 DMA looks to be about flat to me so it will be touch and go if it's ascending by the time the 50DMA crosses it in a few weeks time. Could well be on! :-)

Problem is we had golden cross set ups in March and April and the Cartel managed to turn the tables ahead of time. So we are not yet out of the woods as they say .....

[charles clore] 02/9/2017 12:08

steve - is that a golden cross I see developing on your chart above?

[stevea171] 02/9/2017 12:02

Silver. So far so good.
Staying above $17.20, above the 200DMA, and consolidating the breakout for the 4th day.
Another good day yesterday.

[onedayrodders] 02/9/2017 11:59

Bullish particularly on Silver and a brief mention of Cobalt

[onedayrodders] 02/9/2017 11:01

Lauders...v interesting chart analysis and backs up what I said about having closed over key resistance levels doesn't mean you can't go below them temporarily again as part of the whole bull run.

It's bullish but indicates volatility along the way plus a hefty back test close to $1300 from around the $1378 level.

I'll be watching closely at these levels because if that pans out, a $60-70 decline would translate to quite a hefty share price fall in HOC providing a top up or trade opportunity.

Thanks again

ODR

[killary cunton] 02/9/2017 09:07

Michael belkins thoughts on silver and in particular read his thoughts on silver stocks

[lauders] 02/9/2017 07:48

Good to see the placement went well:

VANCOUVER, Aug. 31, 2017 /CNW/ - Cobalt Power Group Inc. (the "Company") (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce that it has closed the private placement announced on August 21, 2017 as a result of which CPO has issued 4,886,538 units of CPO at a price of CDN$0.13 per unit to Hochschild Mining Holdings Limited ("Hochschild"). Each unit consists of one common share and one half of one non-transferrable share purchase warrant, with each one warrant being exercisable to purchase one additional common share of CPO over a period of two years from closing at a price of CDN$0.30 per share.

[lauders] 02/9/2017 01:31

The weather around parts of the world is being very unkind to the unfortunate people in its path. None of us would like to be "in the shoes" of those faced with the aftermath of each event. To add such situations as mentioned in the post above to that makes it all worse. I hope things do not lead to "massive shortages" and the last quote. That would be terrible.

On the precious metals front it looks like things are beginning to get better for those who have believed in them:

Christopher Aaron has called it pretty well so far in his open and honest style.

[dingo75] 01/9/2017 18:29

over $1330 close tonight would look v good. Lets see.
Where we're trading now is excellent, any close over $1316 concludes pattern for next up wave.
Barring any GEO POLITICAL LIKELY events. Then it's anyone's game.

[charles clore] 01/9/2017 15:52

Big swings in PMs have been predicted but I don't think we have seen anything yet!

[onedayrodders] 01/9/2017 15:28

If that action isn't blatant 'capping' by TPTB I dont know what is.

Still when all is digested over the next few days and weeks they won't be able to stop PM's march up

[shakeypremis] 01/9/2017 15:23

Metals very volatile today after those NFP numbers and jobless claims. They keep trying to go higher but keep getting smacked.

[edjge2] 01/9/2017 14:49

They've taken some cobalt for battery exposure but that has spin off silver and other metals. Very astute management here. Gold still resisting drop forecast by Weiss in their long term fractal model. Geops and washington screw ups plus disastrous flooding and weakening dollar support gold.
Looks 1400 not impossible especially if NK madman throws toys out of his pram, as he likes weekends. Not a time to be out IMO. Just reentered after NFPs to lose a few p.
Seems FED unlikely to control this one.

[stevea171] 01/9/2017 14:14

Also 41,000 jobs revised down for June & July so overall not a good NFP report at all.

Hiring in July and June, meanwhile, was a bit less robust than originally reported. The government cut its estimate of new jobs created in July to 189,000 from 209,000. June’s gain was trimmed to 210,000 from 231,000.

[richkid71] 01/9/2017 14:09

Sadly I wasn't in from that level GS but I do appreciate what a good share this is. I was just commenting that volumes/demand would need to be much higher before this really get motoring. Things would then move very fast at it didn't previously in the 600p+ highs.

[shakeypremis] 01/9/2017 14:04

aaaaand it's gone! lol

[goldenshare888] 01/9/2017 13:47

$1325 Coiled spring..........power moves ahead:)))

[gersemi] 01/9/2017 13:36

Job numbers missed, rate rise zero, dollar sells off, up goes gold