Hochschild Mining Share Discussion Threads

[topicel] 04/9/2017 12:48

Juju, you keep missing the point. Of course no shutdown, it is the fear we are after, and that is what matters and will deliver as it did in 2011/13.

Blimey, the PM sphere reacts to what is in the news and MSM will Stoke that as they Stoke everything else to the elite's advantage...

If you don't think it won't be an issue then you are wrong. NK war won't happen either but it is being talked up for a reason, that is all we need to know in the gold and silver space.

Shame the Yanks aren't playing today. Funny that.

Topicel

[stevea171] 04/9/2017 12:40

Hochschild Mining plc
4 September 2017

Conversion Rate for 2017 Interim Dividend

Further to the interim results' announcement on 16 August 2017, the Directors of Hochschild Mining plc have determined that the exchange rate to be applied to the 2017 interim dividend is US$1:£0.7743.

Accordingly, the sterling equivalent of the 2017 interim dividend is 1.0685 pence per Ordinary Share which will be paid on 21 September 2017 to those shareholders appearing on the register on 1 September 2017.

[onedayrodders] 04/9/2017 12:10

Amen to that Steve

[stevea171] 04/9/2017 11:38

Extrader. Oil is a key commodity in world trade. It is no coincidence that the green back is sometimes referred to as the 'petro dollar'. Since the war the US has used the dollar as the reserve currency of the world to support US Imperial wars all around the globe all the time. Imports from China and Germany of real goods are paid for with printed paper dollars, or rather computer printed numbers, so they exchange real oil and manufactured products for worthless paper.

The Chinese and Russia long ago decided. No more. Especially as they are funding the US war machine that is intent on taking them down to maintain US hegemony over themselves and the whole world.

Step 1. The Chinese to introduce an oil benchmark traded in yuan/gold. Autumn 2017?

Step 2. The yuan itself to be backed by gold. 2018?
Gold to go to $5,000 plus and the dollar to zero?

[stevea171] 04/9/2017 11:22

Labour day holiday in the US today.

[stevea171] 04/9/2017 11:19

One less Non-exec on the board. Reduces costs from 2018.

RNS Number : 7204P
Hochschild Mining PLC
4 September 2017

Directorate Change

Hochschild Mining plc announces that Enrico Bombieri has stated his intention to step down from the Board on 31 December 2017.

The Company intends to appoint Michael Rawlinson, who has served as a Non-Executive Director since January 2016, to succeed Enrico as the Senior Independent Director. This will be formally approved by the Board later in the year.

Further information with regards to the membership of the Board's committees will be announced in due course.

Eduardo Hochschild, Chairman said:

"On behalf of the Board, I would like to thank Enrico for his contribution to the Company since 2012 and the dedication with which he has served as Senior Independent Director."

Following Enrico Bombieri's retirement, the Board will comprise the Chairman, the Chief Executive Officer and five independent Non-Executive Directors.

[juju44] 04/9/2017 11:10

HOC looks like it wants to start over again today and close that gap . I could add at that point

[juju44] 04/9/2017 08:58

There will be no shut down - token at most. Its just all the usual hot air and baloney

[topicel] 04/9/2017 08:56

Lol ODR, of course he 'hopes' for events to help his trade as much as the next fellow.

Otherwise we'd all be in green and Eco companies and wearing sand less a lot...

The dollar could be bid up if the worst happened of course, so a hedge there is sensible and probably why the Yen isn't quite the defensive play it normally would be given their proximity to all of this nonsense.

All a prelude to bigger things like shutdowns IMHO. Oh, you know that!

Topicel

[onedayrodders] 04/9/2017 08:39

and war threat not helping the $ as you thought juju ... no offence meant but were you hoping following being stopped out here what looks far too early ?

[onedayrodders] 04/9/2017 08:37

agreed GS .. Gold and Silver on their way regardless of what the real life Austin Powers villain does

[goldenshare888] 04/9/2017 08:27

Chunky gains here & more powerful up waves coming...

:))

[goldenshare888] 04/9/2017 07:29

$1338

GOLD will go up anyway with or without geopolitical rumblings!

HOC on its way to 400p+ before too long.

[dmitribollokov] 03/9/2017 22:40

Yup, pretty dismal comment cheering on north korea so your pa trade can come good.

[juju44] 03/9/2017 21:32

Try "Go Kim Go" .

Dont bet on NK pumping gold - it might but it also might put the $ up as the safe haven to go for bringing gold down as a result.

[topicel] 03/9/2017 20:57

On the contrary juju, what will play out will play out, as ever.

The wish is for a dollar calamity not a nuclear or conventional conflict of any sort. Why would you leap to the silly conclusion that war is good for HOC shareholders?

We want PMs to rise to more genuine levels and NK is but a backdrop of what the US is prepared to risk to keep their currency as the world's reserve. Positioning accordingly in case they do start things going 'bang' is just sensible.

The same as I and others have been doing - including you apparently - for the inevitable collapse of the fiat dollar in some form or another. Holding HOC if we get a real NK war is useless too in the near term probably as all markets will tumble.

Anyone else who is posting one-liners here that suggest they support war to benefit are equally simple for not reasoning it all out before investing. I do not expect any war.

I expect the US to be truly roiled these next two months, and Stevea's post above has underlined another reason why. I prefer the more immediate debt ceiling and US budget troubles leading to government shutdown concerns that have a history of boosting silver, gold and their related investments.

The weekend light trading in the dollar/yen I believe is the key signal has not yet indicated we are seeing a wobbly market because of any H-bomb tests either btw...

Topicel

[juju44] 03/9/2017 19:53

funny how some peeps greed drives them to wish for potential death and misery to millions of innocents. Sad world

[dingo75] 03/9/2017 18:58

clear the decks

[extrader] 03/9/2017 18:35

Hi stevea171,

A gold-backed alternative payment system to the greenback would delight the Russians (who like gold and have oil) and maybe the Saudis (ditto), who can't be too sure about the Yanks either.

Interesting (= scary) times !

ATB

[stevea171] 03/9/2017 17:43

This is a big deal:

De-Dollarization Accelerates: China Readies Yuan-Priced Crude Oil Benchmark Backed By Gold. Sep 2, 2017.

Last month, the Shanghai Futures Exchange and its subsidiary Shanghai International Energy Exchange, INE, successfully completed four tests in production environment for the crude oil futures, and the exchange continues with preparatory works for the listing of crude oil futures, aiming for the launch by the end of this year.

“The rules of the global oil game may begin to change enormously,” Luke Gromen, founder of U.S.-based macroeconomic research company FFTT, told Nikkei Asia Review.

The yuan-denominated futures contract has been in the works for years, and after several delays, it looks like it may be launched this year.

Some potential foreign traders have been worried that the contract would be priced in yuan.

But according to analysts who spoke to Nikkei Asian Review, backing the yuan-priced futures with gold would be appealing to oil exporters, especially to those that would rather avoid U.S. dollars in trade.

[onedayrodders] 03/9/2017 10:29

How long before they update the dictionary word with Hypocrisy = TRUMP

The excellent Peter Schiff nails him and he voted for him