Hochschild Mining Share Discussion Threads

[petebreeze37] 03/2/2021 08:10

Shortages of silver throughout the world so what has happened to supply and demand. Jpm acting outwardly as if things are normal but they are not..
I get the feeling they want to calm things down for a while. Now watch the fireworks start, but in the meanwhile I'm waiting for another good entry point

[davidspringbank] 02/2/2021 17:03

kaos3, 162p sounds very reasonable to me in the next couple of months.

[pollysmate] 02/2/2021 16:23

What price was silver when Eduardo sold his shares? This now oversold IMO.

[cassini] 02/2/2021 15:59

200p coming again - the price Eduardo sold his 10% stake for, IMO.

[prettygreen] 02/2/2021 15:17

Any ideas as to why this is down twice as much as FRES (in percentage terms) today ?

[djb3] 02/2/2021 14:35

Sold most of them yesterday, but I think it worth staying in. Mainly due to the massive stimulus package that should arrive shortly even if Republicans disagree.

[cassini] 02/2/2021 13:27

Welp, I got out yesterday for a tiny profit after being stuck here at an average of 244p since August.

It doesn't do to chase HOC on fast spikes upwards in price I find, they usually come down just as fast.

Still exposed to silver via PHSP. I'll keep an eye on HOC and venture back in if there's a decent discount, but not just yet.

[maximoney1] 02/2/2021 13:18

Chartwise, this just feels like the back test of a falling wedge breakout...time will tell.

[kaos3] 02/2/2021 12:39

162 p is possible - they will punish

[d3009] 02/2/2021 12:16

The irony of it all is Scuba, if they did indeed short silver just to 'show who is in control', it will ferment even more resentment and distaste for those manipulating markets amongst the general populous. One thing that has arisen out of the last week is the public awareness of the goings on within the silver markets and the markets in general. It has a great deal of folks talking about the silver market and I haven't found any who are supporting the market manipulators. So I wouldn't be surprised if indeed silver gets knocked down somewhere between 18 and 24 dollars, but by doing so they will be publicising the very fact of why the short squeeze took place initially. Do they care, naahhhh.

[stevea171] 02/2/2021 12:10

Gold: $1844
Silver: $27.11
US$ Index: 91.13

Silver, Silver, Silver ........ Got silver?!!

[stevea171] 02/2/2021 12:10

HOC. Top 5 primary silver producer (FY19: silver 43%, gold 57%)

100+ yrs of history and 50+ yrs of operating experience in the Americas

4 core underground mines: Inmaculada, Pallancata, (Arcata), Peru. San Jose, Argentina.

Inmaculada. World class mine - gold (70%)/silver (30%). Production commenced June 2015.

Attributable output increased from 20.3 to 38.7 million SEO (+90%) from 2012-19.

Spare processing capacity: Arcata 2500 tpd, Ares 1000 tpd.

PM project pipeline spread across Chile (Volcan 9.5m oz Au), Peru, Canada, USA & Mexico.

BioLantanidos. 100% ownership of this rare earths project in Chile.

[stevea171] 02/2/2021 11:58

Egon von Greyerz: Although the Reddit WallStreetBets group is unlikely to beat the big guns – BIS, Fed & bullion banks, etc – they will act as a catalyst to set Silver free from chronic manipulation (see chart below).

$30+ Silver Will Trigger Spike To $50!

[petebreeze37] 02/2/2021 11:06

Scuba, wise words, always best to wait., I'm too impatient but might get away with it

[scubadiverr] 02/2/2021 10:55

I was researching silver at the weekend based purely on fundamentals. Saw the price rise yesterday and was peaved to have missed the boat. Looking today and reading up on WSBs I think I will wait as wouldn't be surprised if they collectively attempt to short silver. While crazy and many are likely to get hurt they may well succeed in making this even cheaper. I think it sensible to wait and watch this craziness from the sidelines for the time being.

[petebreeze37] 02/2/2021 10:09

Got back in for my sins, surely this world shortage, or is it a scam jpm sat on mountains,
Peeps are waking up to confeti money and precious metals so we will see.

[andyc100] 02/2/2021 08:31

You have to laugh. HOC was 230p when silver was $18. With silver $10 dollars higher at $28 HOC still at 230p. One day the market will wake up....

[memexx] 02/2/2021 08:26

Paper Silver price slam at 7am to scare market and encourage negative sentiment.

Spot price vs Retail price at a very wide $12 (growing when paper gets smashed) encouraging the arb bteween the two markets

Dealers depleted of physical and needing to restock

Increase in Chinese retail buying of physical silver

Expect volatility and opportunity

[asagi] 02/2/2021 08:18

sold every Hochschild Mining share that I owned this morning at 242p.

Asagi (no position)

[fast lane] 02/2/2021 05:19

Physical Premium To Paper Hits Record As Silver Market Tears In Two

[petebreeze37] 01/2/2021 20:02

I would say this is going to be going down tomorrow, might be another buying opportunity if this starts it downward trajectory again over the next few days.
The ag squeeze never came off but highlighted that more peeps are aware of confetti printing and silver as a hedge against volatile cash and it's low stock levels around the world, been waiting 11 years for this event to occur, or is it another false dawn.