Hochschild Mining Share Discussion Threads

[novicetrade68] 28/1/2021 17:50

Gold/silver very volatile again today, silver still up yet gold down $20 in the space of less than an hour.

[petebreeze37] 28/1/2021 17:28

Just watched a conference re first majestic, about how it's got the highest shorting figures ever and how there could be a short squeeze.
The panel we saying that an owner of a big producer can have a short attack against him if he isn't playing ball. I wonder what the short position is at hoc, it's something I will take a look at.
Not mentioning any players but usually Jpm are on top of the foul play midden.

[juju44] 28/1/2021 17:16

Remember the crooked banker mafia can do what they want

[zcaprd7] 28/1/2021 17:10

Silver in the sights of the reddit/Robin Hood gangs apparently...

[petebreeze37] 28/1/2021 16:34

Jpm are having their cake and eating it being involved in the control of individual mining companies whilst at the same time being custodians of metal prices. It totally stinks. Will wait for a good selling price, then kiss goodbye. Why did the owner have to sell out to Jpm, answer on a postcard, because he was amply rewarded.

[misterbluesky] 28/1/2021 15:23

What JPM are up to?

7/1/21 BARCLAYS RAISES HOCHSCHILD MINING TARGET TO 250 (230) PENCE - 'EQUAL WEIGHT'

11/1/21 RBC CUTS HOCHSCHILD MINING TARGET TO 300 (330) PENCE - 'OUTPERFORM'


14/1/21
JPMORGAN CUTS HOCHSCHILD MINING PRICE TARGET TO 215 (265) PENCE - 'NEUTRAL'

28/1/21
JPMORGAN CUTS HOCHSCHILD MINING PRICE TARGET TO 210 (215) PENCE - 'NEUTRAL'

[banj] 28/1/2021 13:44

First Majestic +40% pre market. Silver back above $25.50. Good luck longs. We have waited too long!

[stevea171] 28/1/2021 10:41

Banj. Thanks. I can certainly see 300p later this year but expect this start of general market weakness to run for at least the coming month of February which is a poor month historically.

HOC forecast earnings for FY 2020 are 10c but for FY 2021 30c. So a three fold increase reducing the PE to sub 10 at the current market price. But there is a long way to go to the end of 2021 with so many balls being juggled and so much uncertainty.

We need the FY results out of the way next month then investors will start to look forward with better production, earnings and cash flow likely to be reported if the CV can be held at bay in Peru and Argentina.

I expect a further significant rise in the metals but with the massive money printing going on the CB suppression is off the charts. When this will ease off is anyone's guess ....

ATB

[banj] 28/1/2021 09:52

Go Steve! Thanks for the input. You tracking the wallstreetbets / reddit story? Looks like a massive short squeeze coming on $AG - First Majestic where institutional money is >34% of the issued share capital short.

[petebreeze37] 27/1/2021 15:21

Nearly tempted but sure it will drop more in the uncertain next few months, and then we go into their winter and more covid hysteria

[d3009] 27/1/2021 14:14

I'll take a few more at 182p Pete, reckon it's also time to add a bit more silver to the coffers

[stevea171] 27/1/2021 13:50

The RE's are extracted from the clay on site and the clay returned to the beds where it came from. Very environmentally friendly. There has been trials of sending the RE concentrate to the US for refining.
For bulk quantities who would do the refining is not known afaiaa.

[petebreeze37] 27/1/2021 13:07

Let's hope I am knocknock,
Ps might have to get some sheckles ready earlier than I thought at this rate.

[knocknock] 27/1/2021 12:20

You're rather generous there Peter.

[charlieeee] 27/1/2021 10:58

Chinese monopoly is the big issue.

Whilst there is Pentagon funding for various projects targeting specific elements, nothing seems that established yet.

One of the problems is the processing and that was tackled by the previous owners with a pilot plant, so HOC not starting from scratch.

This is the easier type of deposit to work and it is the heavy rare earths.

The current resource looks small scale, but the licence area covers a much wider area.

I am awaiting the promised update with interest.

[petebreeze37] 27/1/2021 10:23

Still looking for the floor possible as stated 182p. Got some way to go yet, astute peeps know it.

[petebreeze37] 27/1/2021 09:11

Yes, here's hoping for that. A small chance of it becoming much bigger but other big producers can negate this happening.

[xcap1] 27/1/2021 08:52

The Gem here could be the REE project

[stevea171] 27/1/2021 08:14

You'll find out soon enough ....

[imastu pidgitaswell] 27/1/2021 07:02

Are we still on for the Apocalypse? Just asking for a friend...

[stevea171] 26/1/2021 21:24

Hochschild Is Getting Back On Track
Jan. 24, 2021. Thomas Gagan

I am at a "buy" on Hochschild as it is a value play on silver and it's potential creates generous upside if the management can recognise it.