Hochschild Mining Share Discussion Threads

[putinaire] 11/10/2024 08:29

Huge week next week. May even be a big close today as its rare to get a double break simultaneously on the algos and its occurring

[r88ave] 11/10/2024 07:42

could be today to smash through 200p very strong lately
Weekly resistance had been 190p for a long while

[qs99] 11/10/2024 07:08

This should be well through £2 IMO....and with a divi on the horizon as well again IMO given the gold price....DYOR let's see how pre-Xmas pans out.

[onedb1] 10/10/2024 22:42

For those who didn't see this today JPMorgan raises Hochschild Mining target to 285 (250) pence - 'overweight'

[onedb1] 10/10/2024 22:18

About time too

[putinaire] 10/10/2024 18:45

A flyer tomorrow or next week. No later I reckon

[putinaire] 10/10/2024 18:42

In all the time around here, it's the first week to open above 186 so maybe not much longer to go for breakout

At least post upgrade we know it's not going to be held down for insti acc now

[putinaire] 10/10/2024 18:39

Will take news for breaking 195s. But at least a further support added to floor of area now

[putinaire] 10/10/2024 18:38

Upgrade right timing when stabbing 180. Looong good

[qs99] 10/10/2024 14:53

Decent upgrade, really unsure why this is not through £2....DYOR

[qs99] 10/10/2024 14:52

Broker upgrade from what I read, DYOR....looking forward to next results, see what progress with the PoG still so high....DYOR

[petebreeze37] 10/10/2024 13:52

Hoc they got wind of something, big rise today.

[rathkum] 10/10/2024 10:57

JPMorgan raises Hochschild Mining target to 285 (250) pence - 'overweight'

[nrc] 07/10/2024 16:12

Interesting & balanced read. Thanks.

[putinaire] 06/10/2024 11:13

Corrected last post

[putinaire] 05/10/2024 15:24

True steva. Well I don't kmow how 189 s managed to close what else was required at right number. No reason for 300s to NOT follow now that funds are confirmed as staying

[stevea171] 05/10/2024 14:48

The gold cartel saw that it's long standing suppression of the gold price could not be sustained so it introduced a new road block to divert funds away from gold to crypto.
This year, for the first time ever, Crypto ETF's have been allowed to start up and have attracted billions of dollars in investment funds. But despite this, sad to say for the cartel, gold is on track to having it's best year ever (+29%) and the crypto brigade chasing past glories have lost money or are even. Anyone who follows BlackRock or Morgan is likely to be scammed. DON'T!

Before new SEC approvals in January 2024, Bitcoin funds were only generally available using futures contracts in their portfolios.

iShares Bitcoin Trust (NASDAQ:IBIT) $2.2 billion. From investment giant BlackRock, is the first of the new Bitcoin ETFs to reach $2 billion in assets. The fund is expected to reach $5 billion in assets under management before the first 12 months from inception on Jan. 5, 2024.

[stevea171] 05/10/2024 10:52

16/09/2024 2024 Denver Gold Forum Presentation



Transcript to above presentation:

[stevea171] 05/10/2024 09:16

Joe Public is always slow to catch on. When this mania for Bitcoin subsides there will be a wall of money coming into gold. Investors here have already doubled their money this year (100p to near 200p) with much more to come in 2025 and 2026.

In the New Year I expect a lot of articles and tips for gold and the miners with portfolio rebalancing. HOC as a well run, billion dollar company on a PE of 8.8 falling to 6.8 next year, with the dividend restored and expected to be debt free by EoY 25 should be a prime beneficiary.

Friday, Oct 04, 2024. Peter Schiff: Meanwhile, gold is having a killer year– its best in over 40 years. With the Fed already cutting rates, the stage is set for the metal to have its best year ever:

“Gold is on pace to have its best year percentage-wise since 1979. And it’s already its best year dollar-wise. Gold is up over $600 an ounce so far this year. But percentage-wise, it’s the biggest since 1979. But 1979 was significant in that that was the end of the gold bull market, because 1980 was the top and gold turn, because Volcker raised interest rates up to 20%. But Powell and his cronies are about to cut rates, or they already have cut rates, and they’re going to cut them more in 2025.”

“While the public has been wasting their money buying Bitcoin ETFs, they’ve been pulling their money out of gold ETFs. Gold ETFs have had net outflows this year. Gold stock ETFs have also had net outflows, despite the fact that this is the best year for gold in 45 years. So, the public has been selling gold the whole time it’s been going up, and they’ve been buying an asset that’s gone nowhere.”

[stevea171] 04/10/2024 17:12

HOC is very frugal with RNS issues. I wouldn't expect anything ahead of Q3 results. HOC is in a trading range. Patience.

[putinaire] 04/10/2024 12:18

Good support for lower 180s again. Can hold. Hopefully closes 190.5+ and that calls the funds in next week. Needs a breakout rns but looks like its expected

[putinaire] 03/10/2024 19:58

Tough nut zone alright. Nearly half a year of it.

Tomorrow is massive. Must be 15 algo divergences kicking in now. Some flyer if breaks north of that. Sub 180s is an out though at this stage.

Fingers crossed for tomorrow.
Would be a classic timing for an rns to break north.

Either way, tomorrow may call the next few months