Hochschild Mining Share Discussion Threads

[stevea171] 10/10/2020 20:33

A US dollar crash is going to send the price of gold skyrocketing.
October 10. Michael Oliver:

“Another situation that is cooking out there is the dollar. Everybody has been impressed by the strong dollar. It has not been strong. It’s been exceptionally weak over a 40 year period. It did have a nice advance between 2007 and 2017, but when you stand back and look at 40 years, it was a feeble advance. It’s since given up that gain. It is under pressure, and there could be not just a further drop in the dollar but a collapse type situation.

The Dollar Index is trading in the 93 area. If the Dollar Index trades to 91 anytime this year I would expect a rapid drop into the mid-80s. Now for the dollar that’s a big percentage drop and I think that could be almost a crash like event. I think that move could add some dynamism to all of these other markets out there.

So if you are watching gold, don’t just watch gold and silver, watch what’s going on with the dollar. We think we could get some pretty violent action between now and the end of the year…

This Is Totally Out Of Control And Unsustainable



There will be a recovery. Those hundreds of thousands of entrepreneurs who have closed their businesses? They’ll open new ones.

But not in six months. Where will they get capital?

It’s one thing to bail out airlines with multiple billions of dollars. What about the local bakery with 15 employees? Where do they get the capital to reopen when the time is right?

You can repeat that story a million (or more) times.

Know this: That which can’t go on, won’t. We can’t keep piling on debt at this rate forever, and we can’t repay what we have.

[stevea171] 10/10/2020 17:26

It's likely that the US Mint can't secure any significant supplies of physical silver at the micky mouse price of paper silver on the Comex. Then there is the cost of manufacture of the coins on top - hence $67 for a 1 oz silver eagle.

The Royal Mint will be next. Their price for silver Brits will likely soon be following. Get in quick!
($67 = approx £51)

HOC is a significant silver producer (top 5 primary producer of silver) so stands to gain in spades as the silver price moves up.

[cinoib] 10/10/2020 16:22

Don't know about silver, but all the pundits are talking $3,000 for gold, if so silver will no doubt follow.

[stevea171] 10/10/2020 10:41

Silver $25.12. Consolidation over? Moving up.

[stevea171] 09/10/2020 21:50

BREAKING: The US Mint Is Hiking Silver Prices, Will Charge $67 For Each 1-Ounce Uncirculated American Silver Eagle Coin In Just Five Days!
October 8, 2020

“Prices for products containing silver will change EFFECTIVE October 13, 2020… re-setting silver prices is necessary”…

No inflation, huh?

The US Mint even says below, to “cover rising costs”.

[spacedust] 09/10/2020 21:41

Smwhen hoc moves it really movez

[hector_p] 09/10/2020 20:54

Yes HOC should move up more next week and maybe for two or more.

[breaktwister] 09/10/2020 16:14

I did say we would not see 205 again in this cycle. Today's significant gain will be noticed by investors and I expect follow through next week, if the PMs hold up of course.

[risa5] 09/10/2020 16:05

O/T there is a video with this report...

Yamana Gold shares to begin trading Tuesday in London

TORONTO -- Canadian precious metals miner Yamana Gold Inc. says its shares will begin trading next week on the London Stock Exchange.

The Toronto-based company is currently listed on the New York Stock Exchange and the Toronto Stock Exchange.

Trading will begin Tuesday under the stock symbol AUY.

The company says the listing will give British and European investors exposure to a pure-play senior gold producer with a portfolio of assets in mining-friendly jurisdictions in the Americas.

It says there are few producers with at least one million ounces of annual production.

Yamana has interests in five mines, including Canadian Malartic (50 per cent interest), the Jacobina Mine in Brazil, the El Penon and Minera Florida mines in Chile, and the Cerro Moro Mine in Argentina.

"We are coming to London at an auspicious time for our company," said founder and executive chairman Peter Marrone.

"We are at a stage in our development as a company at which we are focused on internally funded organic growth, and our capital allocation strategy supports robust and increasing cash returns to shareholders."

Yamana produced about one million gold equivalent ounces in 2019, recording US$1.6 billion in revenue and net earnings of US$226 million at an average gold price of US$1,392 per ounce.

[juju44] 09/10/2020 14:35

techs say up move has more to go

[risa5] 08/10/2020 21:18

This report comes with a map and exhibits...

Riverside Resources Prepares for Fall Drill Program at the Cuarentas Project and Samples 9.1 g/t Gold over 3.4 m
Mexico
TSX VENTURE: RRI
www.rivres.com
Mr. John-Mark Staude reports:

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2020) - Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: R99) ("Riverside" or the "Company"), has received new channel sampling and soil sampling results taken along several of the planned drill targets at The Cuarentas (the "Project"). Results aim to provide respective grade thickness at surface on known targets and to expand the documented strike distance of vein systems through the soil sampling program. The Project is located approximately 20 km to the west of Premier Gold Mines' Mercedes mine and 30 km south of Agnico Eagle's Santa Gertrudis operation in Sonora, Mexico. The Cuarentas Project is operated by Riverside with earn-in partner Hochschild Mining ("Hochschild") funding the next $8,000,000 of investment to reach a 51% interest with additional terms summarized in earlier news (see press release June 24, 2020).

Riverside's sampling program was conducted to aid with target definition to support the upcoming drill program. A total of 55 channel samples and 181 soil samples were carried out providing confidence for extending the vein projections. In both sampling programs, channel and soil delivered high-grade results including:

Channel sampling:
Top results from channel sampling (see Table 1)

9.1 g/t Au over 3.4 m including 32.9 g/t Au over 0.8 m Au
21.7 g/t Au over 1.6 m
6.3 g/t Au over 1.2 m
The channel sampling program was carried out with a rock saw, thus making channel samples continuous and more representative than any previous sampling by former explorers. The first channel sample batch contained 55 samples; 22% of the samples returned higher than 0.6 g/t Au and 49% of samples higher than 0.2 g/t Au. A map showing the full data for all samples can be found on Riverside's website for those looking for even greater context.

Soil sampling:

The soil program was done using a grid of 50 meter spaced lines and 25 meter spacing between samples. Highlights below include:

Soil sampling results of up to 0.9 g/t Au
Definition of a continuous 550 m long high-grade gold-in-soil anomaly which merges the Santa Rosalia and Santa Rosalia Sur as Centro de Rosalia and cumulates more than 1.7 km with higher-grade gold mineralization (see Figure 1, below)
Junior Mining NetworkFigure 1: Map of the main structural target at The Cuarentas Project, including the magnetic survey result of depth slice at 50 m depth, recent soil survey and channel sampling

Riverside's President and CEO, John-Mark Staude, stated: "We are pleased to be working with Hochschild Mining's fine exploration staff, as together we are refining and detailing excellent drill targets. We are particularly pleased that our sampling programs have demonstrated the link between the Santa Rosalia Mine and Santa Rosalia Sur targets. We have worked safely and effectively through COVID-19 and our in-country Mexico team now has the field camp set up with all operational capabilities to commence drilling this fall."

The primary focus of this initial work phase with Hochschild included work on channel sampling for precision and continuity along the Santa Rosalia Mine and Santa Rosalia Sur targets. Secondly, the soil sampling program helped define the possible continuity of mineralization within the 500-m colluvial covered zone separating Santa Rosalia and Santa Rosalia Sur including gold values up to 0.9 g/t gold. Currently, Riverside is undertaking an Induced Polarity (IP) survey over both primary targets. The IP survey work could be expanded over the recently discovered Centro de Rosalia zone. The Centro de Rosalia zone allows Riverside to extend the primary structural and mineralized target, which now covers more than 1.7 km in strike length.

Building up our knowledge base on the Santa Rosalia targets continues to allow us to extend the mineralization on surface and prepare for drilling. Riverside is rapidly advancing toward drilling and expecting more geophysics and trench results shortly.

Qualified Person & QA/QC:
The scientific and technical data contained in this news release pertaining to The Cuarentas Project was reviewed and approved by Freeman Smith, P.Geo, a non-independent qualified person to Riverside Resources, who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Rock samples collected at The Cuarentas Project were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for fire assaying for gold. The rejects remained with Bureau Veritas in Mexico while the pulps were transported to Bureau Veritas' laboratory in Vancouver, BC, Canada for 45 element ICP/ES-MS analysis. A QA/QC program was implemented as part of the sampling procedures for the exploration program. Standard samples were randomly inserted into the sample stream prior to being sent to the laboratory.

About Riverside Resources Inc.:
Riverside is a well-funded exploration company driven by value generation and discovery. The Company has no debt and less than 68M shares outstanding with a strong portfolio of gold-silver and copper assets in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside's own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has additional properties available for option, with more information available on the Company's website at www.rivres.com.

[stevea171] 08/10/2020 12:14

Hector. Yes, this has been speculated about for years. I think DB may go down but Frau Merkel will try to salvage it.
Timescales are always difficult. This guy thinks this month which would be difficult with the US election coming up.

If it happens there will likely be no warning ....

[spacedust] 08/10/2020 11:25

Cheers. But i think you are right the boat has now left the docks. Oh well ill hold my other half (not my mrs) long term

[hector_p] 08/10/2020 11:21

DB would not be allowed to fail, anything will be done steve

[stevea171] 07/10/2020 21:43

The Target Is Deutsche Bank’s Collapse: The First Domino Is Falling! Get Ready Before November.
October 6, 2020.

The documents known as the FinCEN files, which were leaked to BuzzFeed over the past few weeks, are very different.

Remember what I said in my previous Financial Argument videos? Now things will really get ugly as everyone puts all their cards on the table.

We have to rewind the story a little to understand exactly where things started to get nasty.

When I examined Deutsche Bank’s strange statements and the news between the terrible incident in July and the leaked documents last week, it’s clear that the first domino is falling…

You ask why? Please watch the video. Everything I’m going to tell you fits together like pieces of a puzzle.

[2603] 07/10/2020 16:47

You have done well Spacedust, I stopped trading and only invest now. Congratulations for spotting this buy and sell. I do think this is now making higher lows so if you do get your next chance you could be looking at a low of 215. Alternative this could keep going up from here if Silver has done the flushing out of weak hands yesterday. Good luck

[cassini] 07/10/2020 16:39

Nicely done.

[spacedust] 07/10/2020 16:37

Did it again bought at 209p sold at 221p

5000 shares. Thanks hoc see you tomorrow or Friday when you tabk it below 210p yet again

[cassini] 07/10/2020 10:46

That's one of those 'Orange Man Bad' articles...

[ifthecapfits] 07/10/2020 08:32

Apparently not.

[spacedust] 06/10/2020 21:37

Maybe even below 205p

[spacedust] 06/10/2020 21:31

Silver down 5% i think i will buy below 210p tomorrow.