Hochschild Mining Share Discussion Threads

[rathkum] 02/12/2020 17:03

Any views on the latest RNS released

[stevea171] 02/12/2020 08:58

HOC November presentation with focus on exploration:

[stevea171] 02/12/2020 08:58

For anyone interested in investing in the Green Revolution which is expected to be bigger than the internet, I recommend that they take a look at Eqtec (EQT).

It's a minnow at Mkt Cap £66 million at the moment but has potential to be Ftse250 in a few years time. Converting waste to energy by gasification (not incineration) kills two birds with one stone ie converts any form of waste to syngas which can produce electricity and be sold into the power grid.

It has developed proprietary technology to convert rubbish of all kinds into energy. It's spent the past 16 years developing the technology and has 4 working systems operating commercially - one in Spain has operated for in excess of 110,000 audited engine hours, receiving highly commendable feedback from leading gas engine company Jenbacher relating to purity of syngas, reliability and efficiency.

Now is pay back time. A £140 million project at Billingham (Tees side) is due for contract signoff in the coming days/weeks before Xmas and there are many other contracts in place and progressing.

Best-in-class waste gasification capabilities - EQTEC is a proprietary
and patented advanced gasification technology company, with a market
leading capability in directly converting a wide variety of waste
materials, at modular scale, into an ultra-pure syngas with negligible
environmental impact. This syngas can be used to generate high
efficiency electricity, heat or steam for industrial processes, or low
emissions liquid biofuels via a Fischer-Tropsch gas-to-liquids process.

Proven technology, with warranties on performance - EQTEC's
gasification technology is commercially proven, with insured warranties
on performance providing substantial risk mitigation for plant
financing. Plant economics are attractive and do not require subsidies.
To date four commercial plants have been built and operated using
EQTEC's technology.

Arden Research Note on Eqtec (June 2020):


Disclosure: I have an investment in EQT. DYOR.

[plat hunter] 02/12/2020 08:44

270 here we come....Choo choo

[stevea171] 02/12/2020 08:40

Funds want this dividend.

It seems the Scotiabank Mining Conference is a virtual one this year due to the CV. It's over 2 days but not sure how HOC will be promoting itself ....

Both gold and silver powering ahead again this morning. This is just the start of the metals next surge higher after the usual month end Comex disruption.

[d3009] 01/12/2020 18:21

Cheers for the insight Steve re: Graham Birch, will be interesting to hear of any snippets of interest from the Scotiabank Mining conference, also which part of the bank is sponsoring it in light of the winding down of their bullion desk back in April this year.

[juju44] 01/12/2020 17:28

crooks timed PM smash to perfection as always . Now they can go back up . Who says they are not in control

[risa5] 01/12/2020 15:38

The Board will consider payment of a final dividend in respect of the financial year ended 31 December 2020 at its next scheduled meeting in February 2021.

[stevea171] 01/12/2020 15:35

Eduardo wants his 50%+ holding to provide an income. Quite right!

[risa5] 01/12/2020 15:32

Another dividend to be decided in February?

[davidspringbank] 01/12/2020 15:12

Dividend dates 2020
Ex-dividend date 3 December
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Record date 4 December
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Deadline for return of currency election forms 11 December
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Payment date 31 December
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[stevea171] 01/12/2020 14:30

Dec 1, 2020. Hochschild Mining plc at Scotiabank Mining Conference.

May get some investment interest from this conference today.

[stevea171] 01/12/2020 12:38

D3009. One of HOC's directors is Graham Birch ex BlackRock. He may have been whispering in the ear of the current portfolio managers to stock up here. Fluctuations in holdings both up and down are common. Around 5% is a very decent holding .....

Dr Graham Birch
Independent Non-Executive Director
Appointed to the Board in July 2011. Designated Non-Executive Director for workforce engagement.

Previous experience
Graham started his 25-year career as a mining equity analyst and then as a portfolio manager in the mining and gold sectors. He was subsequently appointed a Director of BlackRock Commodities Investment Trust plc and acted as manager of BlackRock’s World Mining Trust and Gold and General Unit Trust.

Key skills and competencies
- Geology (PhD from the Royal School of Mines, Imperial College, London)
- Extensive knowledge of the operational and technical aspects of mining
- In-depth knowledge of the precious metals sector

Current external appointments
Commercial: Non-Executive Director of Sprott Inc
Non-profit: Lawes Agricultural Trust.

[stevea171] 01/12/2020 12:38

Funds jumping in today and tomorrow to catch the dividend ....
ex-dividend: 3/11

[d3009] 01/12/2020 12:06

Wonder if they're kicking themselves at Blackrock inc. after bringing their holdings back down below 5pc.

[stevea171] 01/12/2020 09:43

Decisive break down in the US$ Index now in progress.
92 was the key level. Now 91.66.

Gold and silver begin the long haul back as the opposite side of the coin.
Gold to reclaim $2000 (initially).
Silver to break $30.

[davidspringbank] 01/12/2020 09:40

All my work buying more yesterday was not in vain, you cannot hold down quality.

[davidspringbank] 30/11/2020 17:46

The Crimex are doing their best to smash down PM's.

[petebreeze37] 28/11/2020 14:36

Stevea171...
Thanks for your updates, I think it most likely to happen at end of next month as well. On top of this, the reset cabal want to debunk gold and silver as money so that they can get away their reset Micky mouse money.
Time will tell.

[stevea171] 27/11/2020 16:52

TRADING ALERT: Bullion Banks Using Today’s Orchestrated Takedown In Gold To Cover Shorts. November 27, 2020.

We warned three days ago that the bullion banks would take the price of gold below the 200 day moving average ($1,798) in order to trigger sell stops and create additional technical selling. Today we are seeing that expected takedown in the gold market as the price of gold has already tumbled $33 to $1,773 (see chart below).

You can be sure the bullion banks are using today’s orchestrated takedown to cover gold shorts. This type of takedown is almost always short and sharp before reversing higher, allowing just enough time for bullion banks to cover gold short positions…

US Dollar Close To Hitting New Lows
It is also worth noting that this plunge in the gold market is taking place with the US dollar very close to hitting new lows (see chart below).

In a gold bull market it is generally a very good idea to purchase physical gold when it dips below the 200 day moving average, which is what we are seeing today.

[stevea171] 27/11/2020 16:52

Hyperinflationary Great Depression Coming – John Williams
By Greg Hunter On November 21, 2020

Economist John Williams says don’t think the happy news on CV19 vaccines is going to get the economy back to normal anytime soon. Williams explains, “Put all the political turmoil aside for the moment. The markets respond that this (CV19 vaccines) is going to turn the economy. My point is it is not going to turn the economy . . . at least not soon because of what has happened to the economy and the severe structural damage. We have had a lot of companies go out of business, in particular, small companies. A lot of people have suffered, and we are going to have more of that going ahead.”

Because they has been so much damage done to the economy, Williams says there will have to be stimulus no matter who eventually makes it into the White House. Williams contends, “Let’s say Trump gets re-elected. He’s not going to have any choice but to increase stimulus to try to help the economy and help people. If Biden takes over, he’s going to have to do the same. He is already promising massive stimulus. Where it gets really scary is if the Democrats can take control of the House, the Senate as well as the White House. . . . The stimulus there is going to be unbelievable. . . . The more radical Democrats will just print the money you need and spend whatever you need to spend it on, and don’t worry about it. . . . Whoever gets into power, there is going to be more deficit spending. It’s just a matter of how radical it will be. . . . There is no way we are escaping massive stimulus for at least the next year and into 2022.”

Williams expects to see some very large inflation because of all the stimulus coming and predicts, “The more left we go, the more rapid will be the demise of the dollar. Eventually, it will be a hyperinflation in the United States. What I am looking at here is this evolving into a hyperinflationary Great Depression. To save yourself, you have to preserve your wealth, your dollar assets. To do that, you have to convert your dollars into physical gold and silver, precious metals and just hold them. They will retain value over time as opposed to paper dollars that will effectively become worthless. You’ll be getting a lot of money from the government, and they will keep giving you more and more and more, but that’s going to be an environment of rising and rising inflation. It’s not necessarily going to buy you more. . . .

Hyperinflation will bring political disruption. . . .

Hyperinflation is a form of default.

Gold is telling us hyperinflation is straight ahead of us.”

[stevea171] 27/11/2020 15:27

FRES up 0.9%.
HOC down 5%.

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