Hochschild Mining Share Discussion Threads

[lauders] 13/3/2017 11:43

HOC looking good despite the sudden "hit" I mentioned earlier coming along. Hopefully we can maintain this run now. Will have to see what the other miners do as well as they all seem in-sink at the moment. AAL, FRES etc..

[goldenshare888] 13/3/2017 11:32

We will probably never know.

Some say the bars there are tungsten sprayed gold, others say they are all gone and others say some are there but only enough to provide sample batch for any audit.

[crosseyed] 13/3/2017 11:18

breaktwister,

The USdebtclock.org site shows that the US apparently has 287,517,115 (troy) ounces. It seems that 1 metric tonne = 32150 troy ounces, so that would make 8942 tonnes. Has the US (or the Fed) increased its holding? Or is this an illusion, as many suggest that much of the physical has been leased or otherwise used?

c

[dt1010] 13/3/2017 11:01

I have always thought in the long run this is £15-20.

[goldenshare888] 13/3/2017 10:57

$100 SILVER: WHAT PRICE HOC SHARES?

Will make my price targets of 550p - 700p look like de-ramping!! LOL :)))

£15?

£20?

:)))

[stevea171] 13/3/2017 10:48

Silver Demand For Solar Will Continue To Explode

That other application is in photovoltaics (PV), which is the largest component of solar energy. Silver has a major and growing role to play in renewable energies. Indeed, the common wisdom is that PV will be the dominant renewable energy. At current costs, solar energy is on average as cheap as or cheaper than wind. One reason is that siting wind turbines offshore is a very expensive proposition. Moreover, despite explosive growth in recent years, solar energy accounts for less than 1 percent of the world’s total energy consumption. Extremely rapid growth is more than likely for the foreseeable future as world energy consumption continues to rise and fossil fuels become ever more expensive.

Silver May Be Headed Multiples Above $100

Do you have to wait until 2020 to see silver start gaining? Probably not. Between 2004 and 2006, silver climbed about threefold, perhaps anticipating the tighter inventory situation, perhaps because other commodities and gold were also rising during that period. But coming back to where I began this interview, I wanted to illustrate that even if you don’t believe in gold, a silver shortage lies in the fairly near future and will likely be a permanent shortage that should lead to a multifold gain in the white metal. That $100 number could easily turn out to be very modest.”

[goldenshare888] 13/3/2017 10:44

Do we have a massive inverted H & S pattern or Cup & Handle, or is it both?

NB: 7 year chart looks like a massive inverted H & S pattern to me.

Does not really matter but quite interesting.


320p to 550p could be quite quick if SILVER pushes through $21.



:)))

[goldenshare888] 13/3/2017 10:05

Big buyers will be all over this when SILVER goes through $21.

Will not be enough shares to go around eventually, except at MUCH HIGHER PRICE!

:)))

[pillion] 13/3/2017 09:58

No great volume this morning -- might perk up this arvo

[goldenshare888] 13/3/2017 09:43

V-shaped recovery of handle.

Think DT is spot on, once 320p hit then onto 550p.

Could do +10% today.

:)))

[hectorp] 13/3/2017 09:42

Great start to the week! silver making a move, HOC well bought up.

[dt1010] 13/3/2017 09:31

I think we will....

Peak late morning....

Dip for lunch....

Rise in the afternoon.....

Go into a close at the day's high....

Then tomorrow....RALLY HARD AGAIN

[lauders] 13/3/2017 09:21

Will we stay up today or will the usual afternoon "hit" come along. Was ever so tempted to top-up on Friday!

[goldenshare888] 13/3/2017 09:19

Unfortunately, it would be deemed a National Security Risk!

The architects of the greatest ever PONZI scheme are not stupid!

[dt1010] 13/3/2017 09:11

Trump has mentioned getting it audited in the past.
We can hope.

[breaktwister] 13/3/2017 09:05

Crosseyed, its well documented that the US claims to own 8000 tons of gold. It was also documented by the Reagan Gold Commission that the US Treasury doesn't own the gold, it was given to the Fed, a privately owned institution, and sits on the Feds balance sheet in the form of gold certificates. The big question is whether or not the gold is there at all.

[jimbowen30] 13/3/2017 08:56

Cross eyed
I've been reading John Mauldin for 15 years. His free weekly newsletter is worth signing up to.

[dt1010] 13/3/2017 08:36

On the chart the cup and handle will complete at region 320p and head all the way to 550p

Not in one go of course!

But...look back to the start of the cup, early 2013...cup edge at 320p
Then start of handle bottoming out at just under 200p....handle will complete at 320p and then rise to 500-550p

Am I right? Who knows.

I know the recovery is on though.

Short are closing ahead of the FOMC rate decision!

[dt1010] 13/3/2017 08:30

Gold (Miners) - Conviction Trade: Long Miners $GDX



'Gold is likely to accelerate in the coming weeks'...
Hahahaha

Happy days, NUGT ;))

We will easily get back to 285p in the coming week or so.

Then make a run for 300p+ in the coming weeks!!

[goldenshare888] 13/3/2017 08:14

Last year HOC was the TOP performing share in the Bloomberg WORLD Index of 5125 stocks!!

I expect HOC to at least double or possibly treble this year, which is a slowdown on last year's performance, but still great!

HOT STOCK HOC.

:)))

[goldenshare888] 13/3/2017 08:11

Make that VERY tightly held!

Largest holder did not sell a single share at 700p during the last high for HOC.

:)))

[dt1010] 13/3/2017 08:07

Haha yeah, massive recovery on the cards here, in motion!

Stock is tightly held!!

[goldenshare888] 13/3/2017 08:01

It's starting.......

V-Shaped recovery here anyone?

:)))

[crosseyed] 13/3/2017 07:31

I came across an interesting website ( ) that shows all sorts of US statistics in real-time from a link in John Mauldin's weekly newsletter Thoughts From The Frontline, itself well worth reading in my opinion - it's free to subscribe at which provides access to back issues.

What peaked my interest was the bottom-line tab labelled Gold/Precious Metals. The Holdings table claims that the US holds 287,517,115 ounces of gold. I wonder where that figure comes from!

c