Hochschild Mining Share Discussion Threads

[rathkum] 27/5/2021 14:11

Fears of a Maxist leftie Castillo predicted to win the election on 6th June. Could be curtains for mining companies.

[d3009] 27/5/2021 13:59

Ditto Pi0110 think this share has lost its way since that big sell off.

[imastu pidgitaswell] 26/5/2021 12:49

And added a few at under 186.

[juju44] 26/5/2021 11:22

Gap closed . This is a big yawn

[laptop15] 26/5/2021 07:57

Silver $28 and climbing....gold at the highest price of 2021....all bodes well for a rally here

[laptop15] 25/5/2021 22:04

https://twitter.com/laptop1515/status/1397296528063148033?s=19

[stevea171] 25/5/2021 21:58

John Williams of shadowstats.com insists that we are “eventually headed into a hyperinflationary economic collapse”̷0;

So, is the choice inflation or implosion? Williams says, “That’s the choice, and I think we are going to have a combination of both of them. I think we are eventually headed into a hyperinflationary economic collapse. It’s not that we haven’t been in an economic collapse already, we are coming back some now. . . . The Fed has been creating money at a pace that has never been seen before. You are basically up 75% (in money creation) year over year. This is unprecedented. Normally, it might be up 1% or 2% year over year. The exploding money supply will lead to inflation. I am not saying we are going to get to 75% inflation—yet, but you are getting up to the 4% or 5% range, and you are soon going to be seeing 10% range year over year. . . . The Fed has lost control of inflation.”

And remember, when the Fed has to admit the official inflation rate is 10%, John Williams says, “When they have to admit the inflation rate is 10%, my number is going to be up to around 15% or higher. My number rides on top of their number.”

[cassini] 25/5/2021 18:42

Interesting theory - that Eduardo Hochschild sold down that lump of his stake because he saw a leftist government coming. Makes a lot of sense.

I haven't got enough in HOC to make swing trading it worthwhile, but I guess the lack of stamp duty makes it possible if you have low trading charges/a big enough stake.

Talking about swings, the chart suggests we're due an upswing. I'll consider my position carefully if we get back above 200p.

[stevea171] 25/5/2021 15:43

HOC is investing in ore sorting equipment at the Inmaculada plant this year that should be operational in Q4/2021.

Here is a video from Serabi of a recently installed ore sorter at their Brazil operation and how it can transform mill throughput:

[stevea171] 25/5/2021 13:09

My view fwiw is that Castillo will win on 6/6 and implement tough policies against mining companies as promised to boost revenue for education, health etc. This would follow the move to the left in Chile at their recent election and the support for a left candidate in their presidential election later this year.

Yes, if this is the result I would not expect HOC to benefit and as I've said previously is the likely catalyst for Eduardo selling down his stake.

[pollysmate] 25/5/2021 13:00

Decided to sell out decided with political risk not going anywhere why not move into good quality Canadian miners with good earnings without the added political downside

[rathkum] 25/5/2021 12:51

It seems obvious that the uncertainty over the election outcome is keeping the share price under the cosh. Almost all the recent polls indicate Castillo in the lead but it is his close association with the other leftwing/commis. parties that is cause of concern for the markets. We now know why Eduardo reduced his holding.

[stevea171] 25/5/2021 12:07

The 2021 AGM will be held at 17 Cavendish Square, London W1G 0PH on
Thursday 27th May 2021 at 2.30pm.

[imastu pidgitaswell] 25/5/2021 11:29

I have to say I've been swing trading it quite happily for a month or so - buy low 190s or below, sell at anything over 196, better over 200. Keeping a core holding in case it does in fact, ever go up...

Not big monies, but better than a punch in the mouth.

[prettygreen] 25/5/2021 10:47

Does this share ever go up ?

[risa5] 24/5/2021 15:43

Investors ready for more revolts over executive pay and diversity

Aston Martin Lagonda and Hochschild Mining are among the companies bracing themselves for shareholder rebellions this week over concerns about boardroom diversity and executive pay.

[juju44] 22/5/2021 09:27

macleod has been saying that for years and years and years .

[risa5] 20/5/2021 23:45

Global Metals, Mining & Steel Conference
Hochschild Mining
May 19, 2021 at 8:40 pm British Summer Time



www.veracast.com/webcasts/bofa/globalmetalsminingandsteel2021/id4312r1.cfm#/player/html5/speed/v150

[rathkum] 20/5/2021 22:15

The conservative Fujimori has taken the lead in the latest polls in Peru. This is great news for the miners located in Peru, which should see the market remove the discounts it recently has applied to Peru based miners. The concerns about Peru seem to have been overblown.

Even if Fujimori loses, I don't expect significant changes to their mining laws. It will require a majority to pass new mining laws.

[risa5] 20/5/2021 16:24

Hochschild exits Riverside project in Mexico
May 19, 2021
Riverside Resources says it’s recovered the Cuarentas gold-silver project in Mexico after London-listed Hochschild Mining said it would terminate an earn-in option struck in mid-2020.