Hochschild Mining Share Discussion Threads

[onedayrodders] 17/11/2017 15:02

look at the gold 24 hr chart above and the green and blue lines ... almost symmetrical patterns ... no doubt the Bots are fkng with PM's at will at the moment

[dt1010] 17/11/2017 14:49

Ha you wonder if this will hit the 240p mark and come back down...

What's the betting?

[juju44] 17/11/2017 14:32

DT , I have you trained to perfection

[dt1010] 17/11/2017 14:22

We know that much juju!!

[juju44] 17/11/2017 14:13

If the metals go this will follow

[juju44] 17/11/2017 14:10

Watch silver

[topicel] 17/11/2017 13:56

Indeed GS, longterm investing is the best way for a growth company like HOC that is creating value and reducing debt. Trading here and there would have been wise if you were right more times than not...

Someone yesterday stated they'd sold much higher in the 300s and bought back around 280p I think, considering it a good time to buy back. It turned those profits into a break even situation at today's price, so one step forward, one step back.

Adding at lower levels, if one can afford it, is better value and longterm investing if the markets are kind. I saw in January 2016 after AAL had been hammered for months, pretty much like HOC, that the private investment house Silchester bought 5% of the company. I immediately took some at around £2.00 and sold at £3.40 within weeks.

A few months later it sat at £14 which is around where it's been ever since with the same ups and downs, again like HOC, that the market offers us!

So holding beyond the months into the years, if you can afford to, is always more rational as that is what most funds do and, less stressful!

I'm beginning to think the Trump Tax and Dec Fed are going to be good for PMs whatever happens, as so often in the past. Better to travel than to arrive for the main indices methinks...

Topicel

[dt1010] 17/11/2017 13:47

Didn't used to but he does now actually!

[goldenshare888] 17/11/2017 13:12

Warren Buffet famously does not have a screen in his office!

I understand why.....

[goldenshare888] 17/11/2017 13:11

Don't worry, I will still be holding for 550p as previously stated! LOL

NB. I am not a trader of shares as DT incorrectly surmised.

I am a long-term value investor and long-term HOC shareholder.

The BIG money is made in the waiting, and not trading excessively, in my experience.

For clarity, I do not feel the need to worry about daily, weekly or monthly share price movements and therefore do not post frenetically.

[richkid71] 17/11/2017 12:59

You won't get to see 400p DT as you'll be long gone by then.

[dt1010] 17/11/2017 12:15

I know, if the Fed doesn't raise rates that will be the catalyst in Dec for a PM rally.

When sentiment returns off the back of a PM rally this will be well North of 300p and with operational ramp up into the 400s IMO.

[juju44] 17/11/2017 12:03

It will need the metals being right to stay up

[dt1010] 17/11/2017 11:24

Told you the dog would stop diving.

Very firm support there.

[onedayrodders] 17/11/2017 11:01

yes very strong support from low 220's, suggests there would also be pent up demand waiting for PM's and HOC to break this range.

On the downside if there is another bash on PM's below current range a lot of stops would be activated.

[shakeypremis] 17/11/2017 10:40

Let's hope so Charles. It's been a long time coming! Hopefully gold and silver will be supportive. They've both been bashed a LOT recently. But have consistently bounced back, either immediately or over the course of a few days.

[charles clore] 17/11/2017 10:33

Bud - thanks for the very useful link.

There is a firm bottom in the low 220s proven beyond doubt now. A springboard rally is on the cards imho

[juju44] 17/11/2017 10:16

Something wrong here. This dog is climbing

[dt1010] 17/11/2017 08:40

Is it that they're lowering he price to force people into selling, squeezing the weaker hands out?

Are people really waking up and thinking first thing 'hmmm I know I'll sell my HoC today!' No I don't think so. I think it's bots and algos artificially pushing the price lower by selling borrowed stock.

Remember the lower it goes the more rapid the rise will be when it does come.

We are still in a tight channel, a very compressed trading range.

This has to move up 50% to get back to its previous 2017 high.

IE its retraced 50%. The classic fib mark.

Can't personally see this going much below that if at all.

Good consolidation if nothing else.

Patience patience patience....it will be rewarded!!

[nav_mike] 17/11/2017 08:14

This is getting ridiculous...saw gold up $4 and silver unchanged - thought we might get a better day

Instead we get selling right from the get-go

Looking at SETS you would think PMs were tanking :(

[killary cunton] 17/11/2017 06:51

Budevenwiser I have used silver to go multiple times and have been impressed but did notice when I looked the other day their postage has gone up and they are also charging 2% for debit card payments. Has this happened recently as haven't bought for a year or so?

[charles clore] 16/11/2017 23:48

bud - I would be interested to know the European source that is cheaper than silvertogo. If you don't want to post the name here you can send me a message on here. Thanks.