Hochschild Mining Share Discussion Threads

[dt1010] 15/2/2018 06:30

Good job?

It could all come smacking down again shortly

You need to work to longer horizons before celebrating!

[davidspringbank] 14/2/2018 22:24

Good job I bought a total of 26,169 HOC and another 30 KG of silver last week, during the cycle lows, taking my total to 85 KG. Have you seen the prices of gold and silver? Gold has zoomed up to $1350 and silver to $16.83. Woo Hoo!

[nav_mike] 14/2/2018 17:03

Just seen that the gold / silver ratio is at a 10 year high:



I wonder if it will continue escalating or resolve itself by silver playing catchup?

[dt1010] 14/2/2018 16:34

Yes let's not get excited peeps

Think my gold phys buy was well times tho, for now

Would buy more here if I trusted the market.

Which I do not.

[juju44] 14/2/2018 16:23

Dollar doing a humpty dumpty . Goldie time surely ......

[juju44] 14/2/2018 16:12

Too many false dawns for me to get excited but the leaves remain favourable

[goldenshare888] 14/2/2018 15:54

On our way now and I think it will be V-shaped!!!

:)))

[goldenshare888] 14/2/2018 15:53

On our way now and I think it is going to be V-shaped!!!

:))

[onedayrodders] 14/2/2018 15:49

no doubt the gangsters are waiting at $1350 on gold

[juju44] 14/2/2018 15:23

bought back in here on the numbers

[juju44] 14/2/2018 15:16

Nice to see . Wonder what the next gangster planned move is

[onedayrodders] 14/2/2018 15:14

dust is settling !

[onedayrodders] 14/2/2018 14:23

It will be juju .. we just have to wait for the dust to settle

[juju44] 14/2/2018 13:57

Poor inflation data - should be good for PMs

[onedayrodders] 14/2/2018 13:45

fk me Nymex curse again

[stevea171] 14/2/2018 12:06

This is a chart of what Rob McEwan was referring to above.

“Right now the ratio is at the lowest point it’s been since 1971, meaning commodities are very cheap and equities are expensive.”

[edjge2] 14/2/2018 07:50

Taken a big chance on market correction stateside now., This guy has been on ther money for sometime see hi blog list.
hxxps://blog.smartmoneytrackerpremium.com/
Free pub on market close there. Sees a V shaped recovery.

[onedayrodders] 13/2/2018 15:44

Indeed H ... couldn't happen to a nice bunch

[onedayrodders] 13/2/2018 13:41

Nymex ... altogether ...sigghhhhhhhhhh

[stevea171] 13/2/2018 12:06

Latest from Rob McEwan CEO of MUX, HOC's 49% partner at San Jose mine in Argentina.

Rob McEwen: A Tsunami of Money is Headed for Precious Metals.
12/2/2018.

Rob McEwen of McEwen Mining shares his thoughts on where the resource space is headed in 2018 and what's in store for his company.

It’s only about a month into 2018, but Rob McEwen of McEwen Mining (TSX:MUX,NYSE:MUX) already believes it will be a good year for resources.

“I believe we are at or near the bottom of the commodity price cycle, and that it’s heading higher,” McEwen said via phone. “Precious metals I think have a long way to go because of a lot of the standard reasons.”

Those include monetary expansion, overly indebted governments and low interest rates, which have “caused bubbles in all sorts of areas.” In McEwen’s opinion, those bubbles may continue “for awhile,” but overall we’re “being set up globally for a correction at some point.”

McEwen, who’s chairman and chief owner at gold-focused McEwen Mining, shared a number of points that support that prediction. For instance, he said, investors should consider the ratio created by dividing the Goldman Sachs Commodity Index (INDEXSP:SPGSCI) by the S&P 500 (INDEXSP:.INX).

“A higher number means that equities are cheap and commodities are expensive, and a low number means that commodities are cheap and equities are expensive,” he explained. “Right now the ratio is at the lowest point it’s been since 1971, meaning commodities are very cheap and equities are expensive.”

He also pointed out that the only gold stock currently included in the S&P 500 is Newmont Mining (NYSE:NEM). “If you express [Newmont’s market cap] as a percentage of the total S&P 500 market cap, it represents eight one-hundredths of a percent,” said McEwen.

That means “gold is very underowned in the American market. If for some reason sentiment shifted and went to 1 percent holding of gold in that group, you’d need 11 more Newmonts to satisfy that number, that weighting. Eleven more Newmonts would be more than $220 billion that would be moving in the direction of gold. So I think that is a tsunami of money coming towards the precious metals.”

[stevea171] 13/2/2018 11:33

Upcoming HOC dates:

21 Feb 2018 Annual Results 2017 Hochschild Mining plc
26 Feb 2018 Hochschild Mining at BMO Global Metals & Mining Conference

Last year HOC reported FY results 2 weeks later in March on 8/3/2017. Why is HOC reporting early this year? Usually early reporting has to do with good news or good results.
Or is it so that their presentation at the BMO Global Metals & Mining Conference 5 days later can include the latest financial and exploration news?

[stevea171] 13/2/2018 11:13

Motley Fool 8/2/2018.

Hochschild is stepping up production to give earnings growth an extra boost. The London-based digger, which has assets all over The Americas, produced a record 513,598 gold equivalent ounces and 37m silver equivalent ounces in 2017.

Against this backcloth, City analysts are expecting the FTSE 250 business to grind out splendid earnings expansion of 37% and 29% in 2018 and 2019 respectively. These projections also make Hochschild brilliant value for money as investors need to look past a weighty forward P/E ratio of 32.4 times and instead concentrate on a corresponding sub-1 PEG reading of 0.9.

[davidspringbank] 13/2/2018 10:09

Go, baby, go!