Hochschild Mining Share Discussion Threads

[dt1010] 11/3/2017 13:31

300p+ here within 4 weeks on silver recovery and short closing.

[stevea171] 11/3/2017 10:58

Finalization. 13.4 million shares plus cash payment to HOC for completion of the sale made a few years ago of a non-core asset in Mexico to Santacruz Silver.

Santacruz Silver Mining Completes Hochschild Amendment Agreement

VANCOUVER, March 9, 2017 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) ("Santacruz" or the "Company") announces that, in accordance with the terms of the amended agreement between the Company's subsidiary, Impulsora Minera Santacruz S.A. de C.V. and Minera Hochschild Mexico, S.A. de C.V. (see news release dated February 28, 2017), the Company has issued 13,415,000 common shares of the Company in consideration for the restructuring of the payment terms thereunder. The shares are subject to a hold period and may not be traded until July 10, 2017 except as permitted by applicable securities legislation and the rules and policies of the TSX Venture Exchange.

hxxps://www.juniorminingnetwork.com/junior-miner-news/press-releases/569-tsx-venture/scz/30172-santacruz-silver-mining-completes-hochschild-amendment-agreement.html

[dt1010] 11/3/2017 08:24

Metals should turn up next week.



And HOC and FRES and HGM and friends with them.

[dt1010] 10/3/2017 22:45

Yes a positive close for the week above $17 and $1200........

We could well have marked the bottom for silver and gold?!.......

[rhuvaal2] 10/3/2017 22:04

Topicel ~ thanks for that, I just wanted more aware peeps than myself to comment on
what I thought could be a really tight situation for silver. Surely, industrial demand will reign in the course of time and particularly uses for solar panels and elsewhere.

[onedayrodders] 10/3/2017 21:36

Nice to see the green line cross over the red line on the KITCO 24hr chart

Bottom in hopefully

;o)

[dt1010] 10/3/2017 19:09

Recent Gold Pullback Looks Like A Tasty Entry

[hectorp] 10/3/2017 18:04

Topical, nor would I trust the anti gold gainsayers too far.
So I suppose that means they are all neutralised. They all make money out of soothsaying .

[topicel] 10/3/2017 17:03

Rhuvaal2 - this rumour about JPM holding 500m dollars worth, or perhaps even ounces, of silver is hardly verifiable.

It does come out of the mouths of silver and gold bull advocates and their websites/videos so I'd not trust it too far. But if it was true, then indeed at some point you'd expect them to finish messing with the paper short side to keep accumulating cheaply and let PM prices, especially silver, run.

At least for a bit. Aside from macro pressures most here believe the ending of the Comex and LBMA manipulation so will be sooner than later for a number of reasons from China's SGE to Trump hoping to go to some form of gold backed T-note.

We can but assume if JPM have such a large holding they are being allowed to for a good reason and will not be 'hunted' like the Hunt brothers were in the 80s...

Topicel

[topicel] 10/3/2017 16:56

That holding would make you an HOC millionaire at £6 Pixi.

I'll be merely holding a six figure sum, but hope you get there as we'll both be well pleased I reckon!

Topicel

[risa5] 10/3/2017 16:19

Toy yacht for GS888

[dt1010] 10/3/2017 16:19

$600 silver lol

Not in my lifetime.

Such predictions are absolute rubbish.

$100 yes..$300 outside chance in 25 years...

HOC £20 in the next 10 years?

Absolutely.

[juju44] 10/3/2017 16:00

The island will be too small to stand on

[goldenshare888] 10/3/2017 15:59

2020/21 I reckon.

I will report from my private island or mega yacht when it is achieved! LOL

:)))

[juju44] 10/3/2017 15:57

Tell me again , when will we get the 600 $ silver ? Maybe he meant 16 $ silver

[goldenshare888] 10/3/2017 15:16

Miners signalling at/near bottom for the p/metals!!

:)))

[rhuvaal2] 10/3/2017 14:51

There must be a few top-brass at JP Morgan who have seen their massive horde of silver reach a point when they'd like a pay-off for their forthcoming retirement.. Most strange if they're adding: always for a future generation and not for themselves.
Someone ~ has this gone on for around 15 years?

[dt1010] 10/3/2017 13:42

So......if the non farms are really good...all the corrupt goons will short PMs more in the anticipation that rates will rise in the US more and more....

I fully expect gold and silver to have one more slam dunk before they start recovering.

[hectorp] 10/3/2017 11:13

Extrader, I know of it, but thanks.. Fascinating is geology, I have a degree in Biology which has taken me via fossils and microfossils, to geothermals, and of course sedimentary geology and even caving, over the years, part of this got me interested in mines.
Technology however is the most exciting aspect of modern mining, to me, which is why what steve pointed out from the results looks so exciting.

[rhuvaal2] 10/3/2017 11:08

All good reading and thank you.

[stevea171] 10/3/2017 10:27

Hector. Thanks. Yes, it seems the understanding they have gained at San Jose of the surface features relating to underground veins they are going to apply to the mines in Peru. At San Jose they have gone from 3 original veins to 160 now over 10 years so their geologists have gained a lot of experience and the geology of all 4 mines in Peru and Argentina is very similar.

About long life mines:
Arcata has been mined for the past 50 years and is still going strong with new discoveries and extensions of mine life. To have such a long life mine is very rare.
San Jose. 10 years of production. A long future ahead.
Pallancata. 10 years of production so far with massive future potential from Pablo Piso veins, Millet, etc.
Inmaculada. The biggest and best of them all. Just 18 months of production at 17 million Ag equiv oz year (225 million gold equiv oz) and already they are thinking of expansion possibilities if new drilling matches expectation.

HOC is looking to increase reserves and resources over the the next few years to 2020 to 5 years of reserves and 10 years of resources (just at the existing mines) to give visibility to the markets and confidence in its long term future of production at current or higher levels. All the other prospective mines in their portfolio incl Volcan at 9.5 million oz gold are extra and icing on the cake.
The prospectivity of their near mine territory is outstanding and they are hugely excited by this and all aspects of lowering costs and improving profitability even at these world class stupid prices for silver and gold.
If silver goes to $50, $100 or more as expected the value of shares in this company is unimaginable!