Hochschild Mining Share Discussion Threads

[kryptonsnake] 21/9/2017 16:49

I didn't expect HOC to drop back down to this level after it shot up above £3. Thought I'd missed the boat.

£2.22 has always been a strong support level here. Might take out a trade if it falls to that area.

[juju44] 21/9/2017 16:46

If it doesn't turn on te fib . retracement of the climb from 185 then we are going back to 185

[juju44] 21/9/2017 16:29

What if it doesn't ?

[dt1010] 21/9/2017 16:21

Gosh we really ought to have sold just before the results.... 335p...that would have been lovely.

Wake me up when this goes back there.

[stevea171] 21/9/2017 15:31

McEwan Mining (HOC's partner at San Jose, Argentina) could hardly have chosen a worse moment to have a cash raising.

A couple of days ago they announced a $40 million cash raising to pay for an acquisition which has hit their share price hard on top of this Fed manufactured take down of the metals and miners.

Up till now they have hardly put a foot wrong but the timing of this is unfortunate to say the least .....

We can thank goodness that HOC's focus is to pay down the 2021 bonds at the first opportunity next January and replace the balance o/s with low interest rate s/t loan/s from Peruvian banks.

[dt1010] 21/9/2017 15:08

August 2020

I don't care anymore. Let them take this to 200p makes no difference to me. The rebound will be fiercer.

HOC will get their Peru permission through and ramp up production in the first half of next year.

The fixation is all on the gold and silver price at the moment. Market throws out all reason at such times.

This is oversold and cheap cheap cheap.

People will look back on these prices in 6 months with disbelief. IN MY HUMBLE OPINION!!

[shakeypremis] 21/9/2017 14:59

August? August next year?

[dt1010] 21/9/2017 14:25

You will know when 'they're ready'

Me too OneDay.

He has a good track record...I am standing by....it won't happen when London is open that's for sure!!

[onedayrodders] 21/9/2017 14:22

I'll be really impressed if the recent chartist on that video who called the bounce from $1280 is correct.

[juju44] 21/9/2017 14:15

Now that THEY have got their interest rate stuff over with PM suppression intact , they should allow the metals to come back up

[dt1010] 21/9/2017 14:04

Yes this is the contempt stage. But. How long does it last?

[topicel] 21/9/2017 13:57

Crosseyed, it begins at $10b a month but soon to expand to $50 a month (yeah, I know, data dependent and all that), so the theory is it would take closer to ten-twelve years.

In other words, give or take, a generation or 20+ years from the Crisis.

But of course that assumes everything goes swimmingly...

Just saying. All I know is this has been set up nicely as was the moving of the debt ceiling stumbling block to December. All was arranged to give this QT a big kickstart and if the follow-up from Trump's tax proposals are welcomed and we are back to the Trump trade mania of a year ago...

Well, it would need more than NK to kick off again to make PMs bid up.

But yes, I agree with the DT view that we have now reached the Contempt stage. This is self-fulfilling until we see the chatter turn. And it is still buying season in Asia and of course Maguire will have some ideas as to what will save the day!

Topicel

[dt1010] 21/9/2017 13:50

Will $1280 hold?

Nah....

Will find a deeper support...

Normally corruption is hidden from view! Not at NYMEX folks.

Blood is on the streets, people......

[eeza] 21/9/2017 13:45

Crimms lovin' it. Back to 1262 which seems to their preferred datum.

[richkid71] 21/9/2017 13:20

Apologies to anyone who think I’m here to provoke. I’m not that kind of person. I just feel people need to stop thinking way too ahead with their predictions which hold little or no current substance.

Let’s hope things start to improve soon. After all, we all want this share to go north as far as possible. Then everyone’s a winner.

[juju44] 21/9/2017 12:51

Miners collapsed before the metals . Will they now rise before the metals ?

[dt1010] 21/9/2017 12:51

I agree all views are welcome but just not posts deliberately written in a childish way to provoke argument.

[juju44] 21/9/2017 12:48

These PM smashes are designed to break the spirit and convince the punters to forget the metals and the miners ( which are much worse ). Its tempting as it has been going on for years

[shakeypremis] 21/9/2017 12:47

I second that juju

[juju44] 21/9/2017 12:45

All views should be welcomed - no filters

[dt1010] 21/9/2017 12:37

Give it time. Can remain oversold for some time like anything.

The trigger for gold to reverse is going to rear its head when we least expect it.

P.S the kid is filtered lol