Hochschild Mining Share Discussion Threads

[digger18] 24/6/2021 20:39

Ok thanks for that Steve. At least they are happy to hold their stake. I know we have the political instability, but with no debt , good Prices for Au & Ag, this price seemed silly cheap.

[stevea171] 24/6/2021 20:01

Black Rock were above 5%, then very recently below 5% for a few weeks and now back to 5% again so just trading activity.

[digger18] 24/6/2021 18:26

Blackrock seem happy to increase their stake.

[stevea171] 24/6/2021 17:46

They Are Gaslighting Us!
Nightmarish Inflation Is Already Here But The Fed Is Denying That It Even Exists
June 23, 2021 by Michael Snyder

They would like us to believe that what we can see happening right in front of our eyes is not actually real. Over the past year, our politicians in Washington have gone on the largest spending binge in U.S. history by a very wide margin, and the Federal Reserve has created the most enormous financial bubble of all time by pumping trillions upon trillions of fresh dollars into the financial markets. Of course this was going to cause very painful inflation, and prices are rising very aggressively all around us. But Federal Reserve Chair Jerome Powell and other leaders in Washington are trying to convince us that even though they added all of this money to the system it has hardly affected the overall rate of inflation at all. They are “gaslighting” us, and it is absolutely infuriating.

If you are not familiar with the term “gaslighting”, the following is how Wikipedia defines it…

Gaslighting is a form of psychological manipulation in which a person or a group covertly sows seeds of doubt in a targeted individual or group, making them question their own memory, perception, or judgement.

This is precisely what they are trying to do to all of us. Everyone can see that nightmarish inflation is already here, but they are trying to manipulate us into thinking that it is not.

[laptop15] 24/6/2021 15:45

All depends on silver price really....its cheap based on historical silver price vs historical SP

[deanroberthunt] 24/6/2021 15:04

this stock is the pits

[knocknock] 24/6/2021 13:54

Like the purchases you made a week agoLet the trend be your friend rather than trying to call the bottom. This has a lot further to fall IMO

[knocknock] 24/6/2021 13:51

Steadied in to a continuous drip drip drip.

[laptop15] 24/6/2021 13:51

This is a good time for buying imo....150s is a decent price I think

[nicd] 24/6/2021 13:17

Has the share price steadied at last?

[onedayrodders] 23/6/2021 11:21

Will never happen ... markets are false and are just manipulated by FED comments and billions in bond buying

[cinoib] 21/6/2021 11:55

Improving the roads there in Peru would be a game changer as when I was last in Peru the roads were not fit to travel on, all bar the motorway were in a very poor state of repair and earthquakes don't help. Went to lake Titicarca and we had to go off road in the bus to get back on the road as a quake had left a 15ft gap in the middle of the road. Was with my Peruvian girlfriend at the time.

[bad gateway] 21/6/2021 00:19

Good time to try to make a name for yourself calling the top on the Dow. Its out the top of a rising wedge. Should it be a false break 20K looks a reasonable target imo.


free stock charts from uk.advfn.com

[stevea171] 20/6/2021 22:42

Charles Nenner interview with usawatchdog.com. Cycles guru. He has an incredible record of being right over many years. I am always interested in hearing what he has to say in Greg Hunter's infrequent interviews with him ....
His warning is not the only one out there.
Egon von Greyerz has been similarly warning. Only difference being the timing issue which is so tricky. Charles Nenner usually has the timing down pat.

Stock Market Cut in Half Soon – Charles Nenner
By Greg Hunter On June 19, 2021

Renowned geopolitical and financial cycle expert Charles Nenner made a huge call at the end of January 2020. Nenner said, “I am more worried about the market going down 40% than making 5% more on the upside.” The market topped a few weeks later (2% higher) and then plunged 38% for the next several weeks. Spot on call.

What’s Nenner seeing now? Nenner says, “ I have a chart going back to the 1900’s, and if you connect all the tops, the tops of 1929, top in the 1960’s, 1987, . . . we are up to the trend line again. It seems very, very unusual to break a trend line that dates back for 100 years. So, risk is very high. . . .We are totally out of the market. . . .We have been out for three or four weeks. . . .We have the same thing as before. People are more afraid to miss 4% on the upside than 50% on the downside. That’s human nature.”

How low can the market go from here? Nenner says, “20,000 or lower is my call.” I asked Nenner, “You think the market could get cut in half?” Nenner replied, “Yes.”

[stevea171] 19/6/2021 10:00

Bullard's extremely hawkish comments sent rate-hike expectations soaring to price in at least one hike before the end of 2022...

Dow suffered its worst week since Oct 2020.
Some serious gamma swings this week...

The Dollar screamed higher after The FOMC statement - its biggest weekly gain since April 2020...

Gold was clubbed like a baby seal, suffering its worst week since March 2020...

[knocknock] 19/6/2021 09:55

There's a lot to be done by the new government regards the mining sector. It's all well and good taking a larger slice of the pie but maybe they should use any levies to improve safety standards, roads and infrastructure as well as mitigating all the damage being done by the mining operations to the natural environment.Sad times ind the d for the families involved.

[leoneobull] 19/6/2021 06:02

Shocking accident and safety!

[stevea171] 18/6/2021 18:32

18 June 2021
Fatal Transport Accident in Peru

Hochschild Mining PLC announces that a road accident occurred this morning involving a bus operated by one of the Company's contractors which was carrying workers from the Pallancata operation to the city of Arequipa in southern Peru. It is with deep regret that 27 fatalities have been reported in addition to 13 injured.

Ignacio Bustamante, Chief Executive Officer said:
"We are all devastated by this news and we have already started a thorough investigation. However, our immediate priorities are to support those involved in the accident and their families and to work together with the relevant authorities."

[waterloo01] 18/6/2021 17:22

Terrible news. The roads are notorious in some of these locations. They must be in shock. 27 dead!

[davidspringbank] 18/6/2021 15:49

Charles, I'm trying to avoid dodgy places to invest. Turkey is one of them. The government has withheld paperwork from one of my miners and is being taken to court. So I've restricted my activities to countries which are in more stable jurisdictions. I think that people are starting to do the same thing. It makes sense to me.

[charles clore] 18/6/2021 15:19

Hi David I also think FRES is a good investment for the future. I hope you are still holding AAU as well. Seems quite cheap at the moment!

[davidspringbank] 18/6/2021 15:04

I sold HOC yesterday and bought FRES instead. I didn't like the idea of a socialist school teacher holding companies to ransom in Peru.