Hochschild Mining Share Discussion Threads

[stevea171] 03/1/2017 11:28

I have sold out of my FRES holdings and added here as I see better st, mt, and long term share price appreciation in HOC.

[stevea171] 03/1/2017 09:59

HOC's Q4 and FY production results to be released in 2 weeks on 18/1.
FY/16 estimate: a total of 36.8 million Ag equiv oz. (+36% cf 2015)

The likely outcome will be a new company production record and smash the guidance revised upwards only 3 months ago. This will lead in turn to smashing brokers forecasts for the FY for revenue, profits, earnings etc.

In the coming weeks and months brokers will likely be revising upwards their forecasts for FY 2016 earnings and we will see institutions investing for even better results to come in 2017.

In Q4 2015, the Company delivered attributable production of 9.4 million silver equivalent ounces, comprised of 4.3 million ounces of silver and 68.4 thousand ounces of gold. This has brought the total for 2015 to 27.0 million silver equivalent ounces comprising 14.8 million ounces of silver and 166 thousand ounces of gold.

Q4/16 and FY/16 Production Forecasts.
Q4/15 9.4 million Ag equiv oz.
Q3/16 9.9 million Ag equiv oz.
So Q4/16 forecast is another approx 9.9 million Ag equiv oz, and for
FY/16 a total of 36.8 million Ag equiv oz (latest revised upward guidance 35 million oz).

[onedayrodders] 03/1/2017 09:35

Looks like BAU for PM's for today at least.


off topic IDP might still be under the radar despite it's recent surge.

mkt cap the key versus global product sales taking off everywhere

ODR

[hectorp] 03/1/2017 09:29

" time to buy US treasury bonds" said Dent. Wrong!
And
( Ambrose-Prichard , Telegraph today) " Bond yields are going to go up... but then, collapse" ( everything is a total mess, and market is simply very volatile) great for short term swing trades, and only that.

[dt1010] 02/1/2017 21:08

Just a thought...Harry Dent...forecaster who's predicted an awful lot...dot com crash 2008 crash and more...now predicts a massive global crash in asset value as well as gold....to $250?! Yes $250.

but then...

look at this:


"Harry Dent is bullish.

Dent, an economist and one of the biggest doubters of the stock market’s rise since the end of the recession, said he no longer believes a crash is imminent for the market after persistently calling for a massive drop over the past seven years.

What changed the mind of the man who said that the market would be “cut in half” in 2011, called for a “year and a half” long crash in 2013, and said the Dow could fall 17,000 points as recently as December 10?

The markets ability to withstand the election of Donald Trump.

“All of my research pointed to signs that the end was near,” wrote Dent in a blog post last week. “The Dow was set to shed thousands of points in short order. How much has changed since November 8.”

No matter how irrational this market is, I admit I’ve gotten the timing wrong,” said Dent".





who the hell really knows anymore what is going to happen to any assets?

One word can protect those with money/assets: diversification.

[onedayrodders] 02/1/2017 20:58

James Howard Kunstler

Debt was the meat-and-potatoes of the Fed’s wizardry, but the “secret sauce” of Fed magic was fraud, in the form of market interventions, manipulations, regulatory negligence, and just plain systematic lying about the numbers that defined the economy. It amounted to nationalized financial racketeering.

Of course, nobody paid a criminal penalty for any of this misconduct besides the maverick Ponzi artist Bernie Madoff, and a few other small fish. The regulators looked the other way, on orders from their bosses. Unlike the earlier Savings and Loan bank crisis of the late 1980s, none of the leading bank officer perps went to jail. The damage of the 2008 crash was epic and never repaired, only papered over with more debt, more deceit, and more racketeering.

The supposed remedy, the Dodd-Frank Act of 2010, was a cover for continued pervasive fraud and the institutional “capture” of government by the banking industry and its handmaidens, really a fascist melding of banking and government, a swindle machine in which anything goes and nothing matters.

The frauds have only been rechanneled since 2008 into college loans, car loans, corporate stock buyback monkey business, currency arbitrage shenanigans, private equity asset-stripping, and the gigantic black box of derivatives trading.

[lauders] 01/1/2017 03:18

HAPPY NEW YEAR HOC Bulls! I wish you all good health and fortune. The latter may come true if the bold text expressed by Jim Mellon here comes to pass:

There are two very big fault lines in the world economy for 2017; the perennial one is of course my bete noir, Europe, and the second is China. Both demand that we as investors remain heavily exposed to gold. Don’t worry if it falls a little from here; it’s just another opportunity to buy more. I really would be big in gold and silver for 2017; I would remain short bonds, particularly Italian and Japanese bonds, and I would be out of the US market and cautious on markets elsewhere, except for Japan, which has really developed a taste for share buybacks and is still cheap.

[hectorp] 31/12/2016 14:32

Far from raising the value of the dollar, a reset would certainly be a good way to handle the debt, next to defaulting of course.
I suspect already that the Trump honeymoon is about over.

[onedayrodders] 30/12/2016 20:48

typical of Nymex to facilitate a little paper attack in the last quiet hours of thin trading.

[pixi] 30/12/2016 20:39

All the Best!

[goldenshare888] 30/12/2016 15:27

HAPPY NEW YEAR everyone.

[charles clore] 30/12/2016 11:51

Toppy - do you think the white dragon / BIS trade conference has any bearing on the future of gold?

[topicel] 30/12/2016 11:32

More on the new US Budget Director. Seems like Trump must have sold him an idea as to how infrastructure spending, tax cuts and the upcoming debt ceiling can be 'managed' together...

Unless he's not gonna be true to this opinion about his past actions...



Anyone see a strong dollar and no gold securities backing everything still?

Topicel

[onedayrodders] 30/12/2016 09:47

Hope so :O)

[saturdaygirl] 30/12/2016 09:46

Target 1182 IF we can pop the flag.

[topicel] 30/12/2016 09:16

Thanks ODR. I had seen the new Cabinet post announced on the sidebar of Bloomberg TV yesterday and had meant to follow up on who he was and his 'credentials'.

But as I've been trying to say for the last three weeks, we are going to have an administration that is four-square behind the PMs and will use them to support their proposals to rebuild America.

How this develops is of course unclear, but quite obviously it has meant plenty of those who are, or have been, reliant on paper control over gold and silver suddenly closing all their shorts to cover and are now in the process of reversing to go with the new direction of flow...

There can be little doubt this administration is going to make America Great Again by reverting to some kind of gold backed currency and notes. Just like QE, what exactly is planned and the guises and financial engineering involved is a moot point, but bears and shorts must be crazy to think anything can change what they intend.

Little matters like trying to upset the coming Trump/Putin relationship or likely pro-Israel stance by the lame duck Obama camp are mere irritants. The banksters have shot all their ammo (bazzookas, lol) in one go since election night to stop PMs driving them into the ground.

That early trend will now reassert itself IMHO.

Topicel

[onedayrodders] 30/12/2016 09:04

Topicel ...you'll love this .... (thanks to Gaz on AG thread)

:o)
Bloomberg News
Thursday, December 29, 2016

President-elect Donald Trump’s pick for budget chief, Mick Mulvaney, has been an active investor >>> in gold and gold-mining stocks,
- often seen as a hedge against collapsing currency.

The South Carolina Republican congressman has accused the Federal Reserve
- of debasing the value of the greenback and has praised bitcoin, an alternative currency.

He held between.... $50,000 and $100,000..... in precious metals
- as of the end of 2015, filings show



Mulvaney's investments in mining companies date to at least 2010, the year he was elected to the House of Representatives as part of the Republican Tea Party wave. A filing detailing his holdings at the end of that year shows
- he and family members... owned stocks and funds of >>> gold and silver-mining companies
- including Eldorado Gold Corp., Agnico Eagle Mines Ltd., and Pan American Silver Corp. - with a total value of
>>> between $252,000 and $855,000

[edjge2] 30/12/2016 07:52

JNUG UP 27+% yesterday

[charles clore] 29/12/2016 22:54

Toppy - perhaps the BEEB has been given the nod from on high...