Hochschild Mining Share Discussion Threads

[stevea171] 20/1/2021 18:50

K3. Anyone could have done the same research as I have and come to understand the machinations ....

[kaos3] 20/1/2021 18:43

steve - if you are wrong about J Biden and D Trump - can I transfer repeating my 2 words from CGNR onto here - regarding believing into a non event ;)

just kidding

I will not pollute this decent BB

[stevea171] 20/1/2021 18:11

No patience? Wait and see ....

[stevea171] 20/1/2021 18:11

This letter was left on the Presidents desk in the White House for Biden.

I can't display the letter but here it is:

Seal of the President of the United States

The White House
Washington

20th January 2021

Joe, you know I won.

signed Donald J Trump
President of the United States of America

[gary38] 20/1/2021 18:04

Brought a few

[imastu pidgitaswell] 20/1/2021 17:26

stevea17119 Jan '21 - 21:44 - 20882 of 20891
0 0 1
Auson. It may seem that way but it ain't over till the fat Lady sings.

It seems this is now a transition of power to a Military Authority ie a counter coup to the coup of the election.

People aren't stupid. Especially not the Military who have all the evidence and info on the stolen election.

People who have been brought up on smash, bang, wallop Hollywood films don't like to see a tactical battle being waged with apparently no physical explosions on the battle space so far!

There are events going on under the surface that we don't see. The Military's plans are tightly held.

Let's have an open mind for now and see how events play out ....



This counter-coup thing, and the markets possibly not opening, end of the world etc etc. Is that today then?

[rougepierre] 20/1/2021 11:32

Soooo glad I filled my boots...up £7k so far today...

AISC lower than projected...2021 projections up 28%...moving ahead with REMs...cheap as chips...

Eduardo must have needed the money for something else, but...

How long can HOC stay independent...?

[misterbluesky] 20/1/2021 09:04

20 January 2021



Production Report for the 12 months ended 31 December 2020



Ignacio Bustamante, Chief Executive Officer said:

"Our mines have delivered a successful fourth quarter despite continuing disruption from the pandemic and therefore I am pleased to announce that we have achieved our revised production targets for the year. Furthermore, our balance sheet is now in a net cash position following another period of substantial free cashflow generation driven by our strong operational performance and ongoing favourable precious metal prices. Finally, our brownfield programme continues to advance with Inmaculada expected to increase reserves significantly and encouraging new drill results achieved at Arcata, San Jose and Corina."

Operational highlights

§ Full year attributable production at higher end of revised forecasts[1]

o 175,241 ounces of gold

o 9.8 million ounces of silver

o 289,293 gold equivalent ounces (versus revised guidance of 280,000-290,000 gold equivalent ounces)

o 24.9 million silver equivalent ounces (versus revised guidance of 24.0-25.0 million silver equivalent ounces)

§ Strong operational recovery despite ongoing Covid-19 related stoppages

§ All-in sustaining costs from operations in 2020 expected to be below revised guidance at between $1,200 and $1,250 per gold equivalent ounce or $14.0 and $14.5 per silver equivalent ounce

Exploration highlights

§ Inmaculada close to completing successful 2020 drilling campaign

o Infill drilling expected to increase reserves substantially

§ Maiden resource expected to be achieved in next few months at Corina deposit following encouraging intercepts

§ Promising results from the Saavedra area at San Jose

§ Encouraging early results from new Arcata exploration programme

Strong financial position

§ Total cash of approximately $231 million as at 31 December 2020 ($166 million as at 31 December 2019)

§ Net cash of approximately $21 million as at 31 December 2020 (Net debt of $34 million as at 31 December 2019)

§ Current Net cash/LTM EBITDA of 0.08x as at 31 December 2020

2020 ESG highlights

§ Lost Time Injury Frequency Rate of 1.38 (2019: 1.05)[2]

§ Accident Severity Index of 474 (2019: 54)[3]

§ Water Consumption of 231lt/person/day (2019: 206lt/person/day)

§ Domestic waste generation of 1.18 kg/person/day (2019: 1.04kg/person/day)

§ ECO score of 5.74 out of 6 (2019: 4.82)[4]

2021 guidance

§ Production target of 360,000-372,000 gold equivalent ounces (31.0-32.0 million silver equivalent ounces)

§ All-in sustaining costs expected to be $1,210-$1,250 per gold equivalent ounce ($14.1-14.5 per silver equivalent ounce)

§ Total sustaining and development capital expenditure expected to be approximately $120-130 million

§ Brownfield exploration budget expected to be approximately $34 million

§ Greenfield and advanced project budget set at approximately $11 million

§ $14 million budget for BioLantanidos rare earth deposit in Chile

________________________________________________________________________________________

A conference call will be held at 2.00pm (London time) on Wednesday 20 January 2021 for analysts and investors.

Dial in details as follows:

UK Toll-Free Number: 0800 279 7204

International Dial in: [phone]

US/Canada Toll-Free Number: 888-254-3590

Pin: 7673348#

A recording of the conference call will be available on demand on the Company's website: www.hochschildmining.com

[stevea171] 20/1/2021 09:02

Davidspringbank. Quite. Well done David with EQT. The rise so far is spectacular enough but imo this company has all the ingredients to hit the ball out of the park ..... !!

[petebreeze37] 20/1/2021 08:22

Just as I thought, hoc hasn't been impeded too much with covid during their summer. This is reassuring going forward but I don't expect any big leap forwards, the JPM affect and huge sale of stock, until price of silver surges forward.

[kaos3] 20/1/2021 07:58

yep - that range is the target

[m w] 20/1/2021 07:54

No reason why we can get back over 240

[dogwalker] 20/1/2021 07:21

Yes . As does HOC's update this morning.

[m w] 20/1/2021 07:20

Looks good

[davidspringbank] 20/1/2021 05:25

Fascinating stuff, Stevea, let's see what happens, mate. I also think they have got it coming for what they have done.

I am a holder here and I also followed you into EQT, and then bought ALGW for good measure.

[stevea171] 19/1/2021 21:44

Auson. It may seem that way but it ain't over till the fat Lady sings.

It seems this is now a transition of power to a Military Authority ie a counter coup to the coup of the election.

People aren't stupid. Especially not the Military who have all the evidence and info on the stolen election.

People who have been brought up on smash, bang, wallop Hollywood films don't like to see a tactical battle being waged with apparently no physical explosions on the battle space so far!

There are events going on under the surface that we don't see. The Military's plans are tightly held.

Let's have an open mind for now and see how events play out ....

[stevea171] 19/1/2021 21:44

For 20th: All of the channels to clear their schedule from 8am.

"I work at a mid sized TV station. We've just had a visit from the FCC along with 2 people with badges.
I didn't get close enough to see which agency they were with. We were told to prepare for all of our programming to be pre-empted from 8am Wednesday for up to 72 hours.

They told my Boss he can be held criminally liable if he doesn't allow our feed to air. He was almost in tears. I have never seen anything like this in the 30 years I've been in the business.
They scared the sh*t out of him and the District Manager."

[auson1] 19/1/2021 18:59

stevea171,

I really don't think we are going to see the US military arrest 'all those damn commies' tomorrow.

Big fat nothing burger. JK might be there again with his big horned hat on so there is that.

[stevea171] 19/1/2021 13:36

Clock restarted 1pm GMT 8am Eastern.
Countdown continues as before.
The clock is controlled by one of the highest ranking members in the Administration (not Pence!).

[stevea171] 19/1/2021 13:36

13:50. Now accelerating cf last night.

[stevea171] 19/1/2021 13:36

14:50. Latest today:

"Something to happen today but more tomorrow."

Watch for 4 star General Hyten (Air Force), Vice Chairman of the Joint Chiefs of Staff to give updates on signal/parler/telegram.
Major Media Companies will be given the opportunity to carry the same information. If they refuse it will go out anyway.
It may be there is no inauguration tomorrow.
It may be that Military Chiefs run the show for a period of a few months whilst house cleaning and staged release of information of why it is necessary to proceed in this way.