Hochschild Mining Share Discussion Threads

[onedayrodders] 15/12/2016 15:05

to be honest they don't care what time they attack

[shakeypremis] 15/12/2016 15:00

The NYMEX has only been open a short while. Usually the attack doesn't come until a little later.

[crosseyed] 15/12/2016 14:43

Re today's RNS about Pallancata, this has the smallest production of HOC's mines, with actual output on full production for Q3 being Ag:1023 koz (out of Q3-total:6011 koz) and Au:4.46 koz (out of Q3-total:77.87 koz). Not surprisingly, HOC do not expect any material change in their full-year production forecast.

c

[stevea171] 15/12/2016 14:27

Topicel. Eduardo has participated over the past few years in the Rights issue & capital raising to the full extent to maintain his percentage stake in the company at 54%. This shows that he didn't want to be diluted and had the liquid resources to put up at these times. So he has invested substantial millions in the company recently but has shown no interest in buying/selling shares at any other time.

So I would rule EH out as a current buyer.

Someone else could be an existing institution or a new investor. They cannot take a controlling stake in the company whilst EH holds 54%. ie the company is take over proof.

[lauders] 15/12/2016 14:24

How much of the dip today was due to the RNS and how much to the decline in PM miners I wonder. If the RNS hadn't come would we be only marginally be down or was it more of a contributor than we think?

[pixi] 15/12/2016 14:08

HOC is holding up well considering all the shenanigans in PM's and FRES has bounced back up.

[topicel] 15/12/2016 13:53

Stevea, could the big buyer be Mr. Hochschild himself? What you are referring to are large amounts that as yet haven't been declared which suggests a percentage point is difficult to achieve.

Therefore, an already large holder. That is if he does have to declare each additional percentage holding, as I understand it?

Topicel

[charles clore] 15/12/2016 13:26

DT - at $10/oz not many miners would be left in business and rising oil prices would exacerbate the situation. Having said that, $5 would be fantastic for topping up so anything I can do to help, let me know.

[goldenshare888] 15/12/2016 13:25

LOL

:))

[dt1010] 15/12/2016 13:19

silver could go all the way back to $5 according to some lol

they are mad mind you.

cough, where are the pundit perma bulls?

VERY quiet.

[goldenshare888] 15/12/2016 13:10

This could be final smash down/capitulation - who knows?

- 6% on SILVER looks particularly harsh!

[shakeypremis] 15/12/2016 13:05

I can't pin point the exact date but it was between mid August and the very beginning of September this year about that Rothschild buying gold. That period of time was just after the peak. We just have to wait for people like him to be saying they are selling gold and then it's the time to buy the stuff.

It's amazing how they keep pulling this off, big banks saying they are short, everyone following them and the prices rises and vice versa.

Max pessimism, then buy.

[goldenshare888] 15/12/2016 13:05

Thanks Lauders, it is also a hedge for me, but I do expect serious gains at some point in 2017!

I just see the smash down as delaying and probably magnifying the eventual outcome here!

:))

[lauders] 15/12/2016 13:02

Nothing dents your enthusiasm or changes your mind it appears GS888. Good for you. Hope you are correct. Seems like choppy waters for PMs for a while. 2017 is going to be a mighty interesting year. Whether it is profitable for the bulls here remains to be seen.

[goldenshare888] 15/12/2016 12:49

Power moves coming, post this nasty smash down!!

Big buying HOC & FRES.

I feel the move upwards will be even more dramatic!

:))

[stevea171] 15/12/2016 12:33

Clif High (Predictive technology analysis) "… I have language that says at some point in 2017, probably past mid year, we’re going to be looking at hyperinflation so bad that the Dow will be measured at around 100,000 to 125,000."

[majorpain2] 15/12/2016 12:15

Paper gold/silver getting pushed down in London, not much effect so far in Shanghai. It will be very interesting to see how this pans out.

[lauders] 15/12/2016 11:34

Sort of looks like something like that is happening stevea171 but I don't have L2 etc... Really expected us to take a massive beating per the other PM miners today and although not nice it isn't as bad a FRES for example. Latter looks like 1000p possible and then many will be buying!

[stevea171] 15/12/2016 11:25

Lauders. There has been a big buyer here for days mopping up all sells with similar price action to today.

Volume has also been unusually high. 5 million a few days ago, then 4 million, 3million and almost 3 million in just the morning so far today.

[lauders] 15/12/2016 11:23

Just posted something similar on the Ag BB breaktwister!

[breaktwister] 15/12/2016 11:21

I thought the rate rise was priced in? /sarc

[lauders] 15/12/2016 11:18

Well many got that wrong! Seem to remember many experts saying "impossible" for the Fed to raise rates. Hmm... Impossible not! Strange price action from HOC at the moment. Would have thought the market would have kicked us where it well and truly hurts with the RNS that they released this morning too. Perhaps the major drop is still to come here?

[onedayrodders] 15/12/2016 11:14

Yeah and still the dreaded Nymex session to come

[charles clore] 15/12/2016 11:07

There goes silver Timberrrrrr....