Hochschild Mining Share Discussion Threads

[farrugia] 16/4/2021 11:50

well how can that impact Hocschild? The company has nice silver assets and I think the market isn't giving enough importance to its rare mining unit.

'The deposit has a high concentration of key rare earth minerals and in particular those with permanent magnetic properties such as Terbium, Dysprosium, Praseodymium and Neodymium. These metals offer highly attractive enhancement properties for a wide range of end-use applications and play a pivotal role in driving the efficiency of motors, particularly in electric vehicles and wind turbines.'

[bobbypunt] 16/4/2021 11:10

peru elections

[farrugia] 16/4/2021 11:05

why is this lagging behind?

[338] 16/4/2021 09:21

Silver is ready to break out... $28 to start with

[banj] 15/4/2021 10:26

Silver and gold moving higher this morning. Precious metals higher is overdue given money printing and rising, i.e. worsening! inflation. The downtrend has broken clearly & looking for a silver close above 25.70 USD & gold 1760 USD per oz to load up the truck. We have been in an 8 month trading range and I am looking forward to HOC continuing it journey to double these levels! DYOR.

[stevea171] 13/4/2021 16:38

Leftist candidate Pedro Castillo will face conservative Keiko Fujimori in a June run-off to become president of Peru.

Castillo, a 51-year-old union leader and primary school teacher, secured 18.6% of the votes, while 14.5% went to Fujimori, the daughter of imprisoned former president Alberto Fujimori.

[338] 13/4/2021 16:36

Silver will hit $100

[rathkum] 13/4/2021 15:26

With leftwinger Pedro Castillo taking a surprise lead, I wonder if this is putting a dampener on the share price.

[stevea171] 13/4/2021 15:16

Details and comments from other Boards:

Discussion between Andrew Maguire and Alasdair Macleod incl Basel III effect on the gold (and silver) price during the run up to end June 2021.



0:00​ Start
1:02​ Andrew Maguire intro
3:02​ 90 days to go until Basel III…
12:24​ Central banks grow physical reserves
19:00​ Intro Alasdair Macleod
21:12​ Are rising bond yields bad for gold?
24:45​ Forget debt-to-GDP. Think debt to tax base.
33:22​ The future of Europe
38:21​ China’s hidden golden reserves
44:20​ Dollar to sink - gold to rise?
51:06​ There’s no silver out there!
54:20​ Gold: silver - What’s the right portfolio balance?
60:20 Alasdair Macleod’s take on Basel III

Q2 in the run up to 28th June is going to be an interesting time for the Gold market …. given the actions of the banks in the paper market over many years, one automatically assumes they will find a way around this hurdle & do all they can to maintain the status quo, which has so clearly been in their favour & that is probably why most people have no expectation that 'this time it will be different' on the Cry Wolf basis.

Whether or not, & to precisely what extent, implementation of Basel III will cause the Gold price to rise from here, remains to be seen but, it's up $60 since the end of March (Q1) … let's see if the combination of more paper shorts closing and more physical being taken out of the market induces a growing squeeze as we get closer to 28th June.

[stevea171] 11/4/2021 19:33

Silver production for FY2021 is likely to be circa 13 million oz based on guidance of 31-32 million SEO from the 3 producing mines. The balance of production is gold.

4 million silver oz for Pallancata hedged this year at $27.10 to protect profitability of this mine whilst exploration proceeds for further resources.

9 million silver oz are unhedged.

[petebreeze37] 08/4/2021 14:27

The share price suggests that someone is selling into strength.

[stevea171] 07/4/2021 08:21

01/03/2021 BMO Global Metals & Mining Conference
Presentation:

4 million oz silver hedged in 2021 at $27.1 oz early in the year to protect Pallancata profitability is doing well so far.

[stevea171] 07/4/2021 08:10

Apr 21, 2021. 2021 Q1 Production Results Hochschild Mining plc.

No production stoppage time reported for Q1 so we can probably expect a minimum production of approx 8 million SEO given that this was the production a year earlier but affected by mine shut downs due to the CV.

"In Q1 2020, Hochschild delivered attributable production of 94,123 gold equivalent ounces or 8.1 million silver equivalent ounces. The period included a solid start to the year from Inmaculada but was impacted towards the end of the period by the management's decision to halt operations at all three mines following the state of emergency declarations in both Peru and Argentina."

Production stopped at Inmaculada & Pallancata on 16th March 2020, and at San Jose on 19th March 2020.

Q1/21 production of 8 million SEO would also fit with 2021 FY guidance - Production target of 360,000-372,000 gold equivalent ounces (31.0-32.0 million silver equivalent ounces).

[petebreeze37] 06/4/2021 15:50

Wow, juju never known you to be this optimistic, but I agree, could be good news

[juju44] 06/4/2021 14:29

If HOC shows success at finding rare earths the share price will rocket . It could prove a very shrewd investment

[stevea171] 01/4/2021 08:30

Quarter ended yesterday. Now the cartel have got massively manipulated low benchmarks for Q1/2021.
I would expect prices to bounce back in coming days.

This can continue only so long as physical supply of metal holds up.
But will it?

[stevea171] 31/3/2021 18:59

Gold futures settle higher, but suffer biggest quarterly loss in over 4 years.

[knocknock] 29/3/2021 22:20

Is there a gap to fill from May 2020 circa £1.60 ish? Looks like it's heading for it.

[rougepierre] 29/3/2021 12:48

Its the fallout from Archegos...margin calls...Credit Suisse, GS and Morgan Stanley exposed...

[rougepierre] 29/3/2021 11:38

Lets hope so!

Only three days left...