Hochschild Mining Share Discussion Threads

[juju44] 16/3/2017 08:35

Gaps generally have to be filled

[dt1010] 16/3/2017 08:17

We still could, anything is possible. But I think we may see a rally here in the metals for now. Where to I don't know. But a lot of shorts have been bought back and new money coming in. This is impossible to trade short term as so volatile with the price of silver.

Markets are v high. Dollar has peaked for now. Metals have been sold off.

It is time the sector rises again.

Hell of a nice gap up this morning.

40-320 retrace to 190....back up now. Target 400p by June.

[edjge2] 16/3/2017 08:15

DT1010 handle could be coming, yes
Anybody could think rate rise did not happen looking at move this a.m.
Weird but nice, reminds me of my chemistry teacher!

[onedayrodders] 16/3/2017 08:15

But DT last week you said we will see $16 on POS.

[stevea171] 16/3/2017 08:15

This is for ODR. :-)>

The jawboning is FINALLY over: The Fed Has Hiked Interest Rates 25 basis points For the 3rd Time in 15 Months.

The last 2 Rate Hikes by the Fed triggered multi-month rallies in gold and silver prices.

While its a bit early to call a bottom and we would certainly like to see continuation throughout Thursday’s session, it appears that the Commercials and their all-time-record silver shorts may have a problem.

[dt1010] 16/3/2017 08:08

300+ here easy within hours

Cup and handle completion at 320p with take this to 500-550

Have said it before. Watch it happen.

[goldenshare888] 16/3/2017 08:06

Traders getting rinsed out c 285p before big move north?!

:))

[shakeypremis] 16/3/2017 08:02

Shaping up to be a really good day

[goldenshare888] 16/3/2017 07:54

Edjge, you may be over thinking it, "Netherlands erection having far right component success" Really?? LOL

What mainly effects here is:

1. Fiat money = Toilet paper going to zero!!!

2. Precious metals = REAL MONEY

:))

[edjge2] 16/3/2017 07:44

Was market expecting a bigger rate boost but maybe post rise feedback looks sheepish. So was it building in consecutive boosts. Either way short term boost to overbought looks inevitable. Profits for this tax year?
If big states move gets taken down overly markeet may come back down but external factors, Netherlands erection having far right component success.

[goldenshare888] 16/3/2017 07:30

550p before end August 2017?

:-))

[goldenshare888] 16/3/2017 07:28

Anyone selling precious metal investments in the current environment, to hold fiat toilet paper (depreciating daily) needs their heads testing!

[goldenshare888] 16/3/2017 07:19

$1226 & $17.43

:))))

Another 10% + gain coming today?

300p?

Many more days like this to come..........

Some traders will get washed out on the way up, mugs game in a BULL market.

BUY - HOLD - GET RICH

[stevea171] 15/3/2017 21:50

Topicel. Unfortunately not! McEwan are our partners in San Jose, Argentina but HOC doesn't own any MUX stock.

McEwan have their own portfolio of projects and another producing mine as well so there could be lots of reasons for their share price to go up a lot (+14.1%) that have nothing to do with HOC. No announcements from them so who knows what the jump is in aid of?! Probably just the PM's rocketing as:
Yamana is up 9.5%, Kinross +8.8%, Goldcorp +6.1% etc

So as you say HOC 300p tomorrow?

I think Pixi will be choking on his cornflakes tomorrow's breakfast .....

[topicel] 15/3/2017 21:35

Stevea, our McEwen connection is sizeable is it not? We have a slice of them?

Aside from the general big gains Stateside in PM shares tonight I see MUX, if that is McEwen's ticker, setting a rather strong Gallup at +14%...

Some of that here tomorrow would see £3 blown out of the water. Maybe too soon, but definitely sooner rather than later as all attention will turn towards the reality of real interest rates, slowing economic activity, inflation, weakening dollar and, of course, the elephant in the room, the debt ceiling fracas about to start.

Yellen and friends have done their best but the real money knows it is time to run to PMs IMHO.

Giddy up!

Topicel

[onedayrodders] 15/3/2017 20:16

DT.. not convinced... record shorts on Comex will not be allowed to be under water at expiry IMHO and that means sub $17 again if only temporarily (IMHO)

Silver option expiry 28th March I believe

However at least it could be a decent day tomorrow for HOC though.

:O)

[stevea171] 15/3/2017 19:47

The usual take down of the PM's in the days leading up to a Fed announcement when afterwards the PM's take off like rockets but from a much lower base ...

US$ Index taking a bath - down 1 whole point!

[dt1010] 15/3/2017 19:46

Yes...but we won't know really for a couple of days

Oneday...it's important to buy a confirmed break out..it's not about catching every single percent up.

[onedayrodders] 15/3/2017 19:42

he also says ... I’d return reluctantly to the bullish case, at least for the near-term, if this vehicle were to leap above 1214.50 in the next day or two.

[dt1010] 15/3/2017 19:40

Hmmm who kniws one day

Expect a gap up here in the AM if not

So much written but no one really knows



My feeling? These metals don't gap up like that without back testing. It will get smashed but the trend from here in is UP

[edjge2] 15/3/2017 19:38

could that be a W on below author's chart. This fella gone wonkers

[edjge2] 15/3/2017 19:33

Inflation genie? Would expect gold $20-30 down. Wonder if gold will up as rates up. Dollar likely to drop as has done on all previous rate rises. Missed a JNUG top up last few days, damn.
Hope Pixie can correct.

[onedayrodders] 15/3/2017 19:18

every bone in my body says a head fake DT

[dt1010] 15/3/2017 19:11

Nice silver reaction. Haha...is it a gap that'll be filled bk down?
Let's see if it gets smashed
Fake out?
Break out please.