Hochschild Mining Share Discussion Threads

[dt1010] 28/11/2017 14:53

They won't be able to when the dollar starts tanking, and one day it will and nothing will stop it

[juju44] 28/11/2017 14:49

They do what they want because no one can stop them

[dt1010] 28/11/2017 14:48

Boom...hey we could have traded that....again

COOOORUPTION !!!

[shakeypremis] 28/11/2017 14:47

hahahahaha, relentless.

[juju44] 28/11/2017 14:44

Daily whack....YAWN

[dt1010] 28/11/2017 14:41

Steve my friend you are an unashamed bully.

You need to grow up, stop taking yourself so seriously and for god's sake get out more.

Advfn and none of the posters on it need you. That much is clear by how the healthy banter has continued happily in your absence on the new threads, which are both superior to the one you shut down in a blaze of noisy crawly sanctimonious rubbish.

Grow a back bone and quit trying to elect scapegoats.

[dt1010] 28/11/2017 14:06

Hahaha you pointing out he negatives again?

It's up on low volume....

Which means when volumes rise....

It will really motor!

That's what you should realise!

[richkid71] 28/11/2017 14:01

The volumes are still very low here.

[juju44] 28/11/2017 13:49

Don't get too excited girls . Remember its slap down Tuesday

[ifthecapfits] 28/11/2017 13:11

What will be - will be...

[dt1010] 28/11/2017 13:09

Hopefully you didn't jinx it!

[shakeypremis] 28/11/2017 13:06

Could be a better day today. HOC increasing with the increase in the price of PM's. Hopefully this means there won't be a smack today.

[ifthecapfits] 28/11/2017 11:53

I get the feeling 1300 going to b breached today.

[dt1010] 28/11/2017 11:09

Me too, quality company, higher prices on their way.

We need to get the FOMC meeting out the way first.

But very happy with progress so far since we left that narrow trading band :))

[charles clore] 28/11/2017 09:56

I'm in for the duration. This is a quality stock. You can't keep jumping in and out or they will have you by the balls.

[dt1010] 28/11/2017 08:47

Juju hold on in there. This is doing its technical thing giving half its recent gains back. And then it'll be on its way again.

2018 will be a game changer operationally with the ramp up in production and renegotiation of their debt in Q1.

If the Fed don't raise on Dec 12/13th then Gold and silver will go ballistic.

Perhaps that's the trade Dalio is in for.


Bargain hunting going on right there, look at that price bounce.

[juju44] 28/11/2017 08:30

Back test of that 240p breakout. If it doesn't hold I am out of here. All this PM stuff is just a bummer

[dt1010] 27/11/2017 19:59

Ray Dalio isn't wrong.

The dollar won't keep rising forever. It will roll over sooner than anyone thinks.

Why people are concerned I don't know. What's the drama?

The company is rock solid. The share has moved out of a tight range of 220-240 up to 259 and come down a bit. And yes it might consolidate further before rising again. What are people nervous about? Don't think that just because gold and silver is manipulated the miners won't rise again. The whole sector is primed to move off a low base.

This is a growth share and don't let negative people and insecurity about manipulation in the paper markets let you lose sight of that fact.

From MotleyFool in Oct 2017

'I believe that Hochschild Mining (LSE: HOC) is a share that could be capable of delivering knockout shareholder returns.
The mining ace, which digs for precious metals across The Americas, announced this week that it chucked out record amounts of metal between July and September, with silver output clocking in at 5.3m ounces of attributable metal and gold production hitting 67,234 attributable ounces.

The company lauded a “strong performance” from its Inmaculada asset in Peru, and highlighted progress at its Pallancata site in the country which is “continuing to deliver tonnage and grades above expectations.” Group silver production in the year to date stands at an all-time peak of 28.2m ounces.

Celebrating the results, chief executive Ignacio Bustamante said: “We are firmly on track to hit our 37 million silver equivalent ounce target for the year. Costs remain under control and we can look forward to our financial position improving in the near future with good cashflow generation and a planned debt refinancing in the first quarter of next year.”

And in other developments the FTSE 250 digger announced: “The Pablo permitting process continues as expected with no major issues encountered so far.” The environmental permit expected to be received by the close of the month, it said.
Keeping the good news rolling, Hochschild added that it is now in the middle of its brownfield exploration campaign and has seen “some encouraging results from Arcata, San Jose and also at Inmaculada.” This will come as reassuring news to investors, the company’s share price having slumped in recent months on the back of worrying exploration updates.
Those expecting booming production levels at Hochschild to translate into magnificent earnings growth right away will no doubt end up very disappointed. The company is anticipated to report a 26% earnings drop in 2017 by City brokers due to the impact of heavy exploration costs.

However, the London-based miner is expected to bounce back with an 81% bottom-line improvement in 2018. And as production levels boom, operating costs come down, and a turbulent political and economic outlook likely keeps silver investment on the boil, I reckon Hochschild could prove a very savvy buy.......

[juju44] 27/11/2017 19:44

The miners really don't have a chance as long as the government sponsered gangsters control the metals to protect the dollar . Come back in 20 years ??

[dt1010] 27/11/2017 19:39

100% Killary, 100%.

[killary cunton] 27/11/2017 18:36

Note - richkid does not own 1 share in hoc. He is looking to buy in.

[dt1010] 27/11/2017 18:33

Hahaha not soiling myself. Tell you why. I think the pMs are going to rally in the next few months and also the company is ramping up production, renegotiating it's debt and likely increasing its dividends. 220p was strong support, 260p the 200mda, yet it will break through that. I am down here but not in a position I haven't been in before. It's not a sweat to me to wait it out. I've been trading since 1994 so I know what patience is. I also know when to take a loss. And now is not that time. Be cool richkid. It would t hurt you to cheer up a bit dude.

[richkid71] 27/11/2017 18:04

Yet again metals have been hit again. We are all used to this. Same old same old. I do have a holding on HOC but I’m not going to disclose details. DT, let’s be honest here, you are clearly hiding behind a positive persona when in reality you are secretly soiling yourself. You need to take critiscm about this share, it’s not all good and holding out for 2018 won’t necesarily pan out as you would like.