Hochschild Mining Share Discussion Threads

[topicel] 13/9/2017 08:53

Well I made the not to clever comment that it goes up and down in four-six week cycles, and the drop here began after last results on 16 August so...next week on, maybe even later this week, we will see the reversion in direction.

For juju's gap criteria to also be solid it now needs to go back up to 316p, making us both right. Hell, we're all right, except when we're wrong...

Topicel

[richkid71] 13/9/2017 08:46

Juju was indeed correct. GS - you do love your wild predictions. hasn't come nowhere close to 400P let alone 500P.

[juju44] 13/9/2017 08:36

GS , got the gap right . I never said the fall would stop at the bottom of the gap and it didn't . Take comfort from the fact that it also has to fill the higher gap around 320 - at some stage . I am in for that

[onedayrodders] 13/9/2017 08:29

yes GS but remember juju added .."There's no reason why it cant fall further, go sideways, go up, do this do that" etc etc !!

[dt1010] 13/9/2017 08:20

Bottom of the channel......

[shakeypremis] 13/9/2017 08:20

This has to be a good time to buy again. It's right at the bottom of the rising channel it's been adhering to.

[goldenshare888] 13/9/2017 08:19

So much for the juju gap!!

HOC seems to like re-testing 260p then bouncing up to new highs.

Manipulated - probably

Going higher - most likely

500p next year - a decent chance

I am holding and adding at these levels hopefully.

DT - darkest hour before the dawn!!

[dt1010] 13/9/2017 07:39

This will soar again at some point and then sell off when the world realises Kim won't press the button. The U.S. debt will kee climbing. The trend I'll remain up and silver may go up, more likely to than go down. But the thesis that world debt will crush economies is all over YouTube and has been for ages and yet markets keep soaring and soaring.....'this time it's different'. It isn't but massive gains elsewhere are happening while we wait. HOC will provide solid long term performance we hope. But other shares are climbing at far faster rates and not dependent on underlying commodity values, but growth stories of their own. I wo t sell a single HOC share at a loss but I will be glad when I am out. Doubt we'll see mid 300s here until q2 18.

Sep 20th is the next FOMC decision.

[lauders] 13/9/2017 07:26

DT1010 - Rest assured just as soon as you get bored it will soar away ;-) Your risk, but I don't intend to watch that happen and am trying to "keep the faith". You are correct that as I have done so the likes of FEVR, FDEV, GAW to name three have rocketed, but if I was that smart at picking I probably wouldn't be here LOL!

[killary cunton] 13/9/2017 07:22

'I think I'm bored enough to start off loading this when it gets into the mid 300s'


No you wont, you'll be in full ramp mode like you are every time it goes up.
Then you go into full 'sulky' mode when it goes down.

[dt1010] 13/9/2017 06:27

You realise watching the sluggish progress of UK listed miners compared to what certain stocks are doing on Nasdaq and NYSE that quite frankly the best gains are to had across the pond. At times like this when you see massive gains being made elsewhere you wonder if us 'waiting for bad news so gold goes up' lot are wasting our time. We are after all fighting against the elite printing money inflate the system government approved exercise in inflating the national debts away...papering over he cracks...while keeping a lid on precious metals. What do we get browny points for loyalty? No. I will keep buying this for my kids ISAs but I think I'm bored enough to start off loading this when it gets into the mid 300s. It's been good to me but its smashed me too. And I can see better opportunities for investment elsewhere frankly, sorry guys. Too range bound. Too controlled by silver price manipulators. We're all hoping the elite are wrong by holding this. We all know that. What a futile long term plan many say. After all when the system does eventually crash silver and gold and every miner on the planet will get crushed.

[lauders] 13/9/2017 01:46

Seems the US/NK rhetoric is ratcheting up as I type. I sure hope it comes to nothing major for the citizens of the world but do hope it helps gold and silver. We might not be in for a good end to 2017 and start to 2018 at this rate but I sincerely wish common sense comes into play. Trouble is we are dealing with Trump and Kim Jong-un so does "common sense" come into play?

[juju44] 12/9/2017 21:59

Silver going to have another talk with 18$

[topicel] 12/9/2017 20:10

Not critical at all ju, I was simply observing it went back to double fill after four o'clock and I have often seen this give a springboard momentum back up quickly.

You did call it, and so now the target is the one we left behind at 316p which you also called, and I didn't see.

It remains largely about macro matters IMHO to give the effect longs would like, and a good start this evening with Trump again prodding NK by saying they had better behave or these sanctions will be nothing compared to what they will face...or words to that effect.

The US is still itching to get involved somewhere with something it seems.

Topicel

[stevea171] 12/9/2017 20:09

All the PM miners are down incl HOC. McEwan Mining was down about 9% yesterday amongst a blood bath for Nth American gold miners. It can't be explained by just looking to the latest artificial take down of the PM's.

Imo a bell has been rung from the top of the Investment world in the US to the investment establishment to increase cash holdings going into the traditional high risk Autumn season and to prepare for the crash that never comes. Distribution has been taking place generally from the big fish to the unsuspecting public for some time. These endless stock market record closes only attract more and more amateurs.

This year the risks are all too apparent and too many to count - geopolitical, domestic political, economic, financial, threat of war, threat of nuclear war, Fed out to lunch, natural disasters, etc etc.

Although PM miners are currently not highly valued they are a political cat that needs to be kicked in the teeth as hard and as often as possible ..... !! Or at least that's the thinking of the Bullion Banks.

[davidspringbank] 12/9/2017 20:00

Getting cheaper by the day!

[onedayrodders] 12/9/2017 19:05

richkid7112 Sep '17 - 16:02 - 16055

I was referring to GOLD not HOC but expect HOC to obviously benefit

[juju44] 12/9/2017 18:36

Top , you are too critical . I called the gap and its refilling . Don't hold me to fractions of a penny . Hopefully I jumped in at the right moment - but maybe not . We will see

[topicel] 12/9/2017 18:29

Closed twice then juju. Double the bounce momentum to your other gap at 316p.

Clearly PMs and the dollar/yen pair are only reacting to NK and that seems to have been put under semi-control by all involved for now.

German elections are moving along quietly towards no fuss result for Merkel and the debt ceiling being kicked into December longish grass hasn't helped.

A twist in the tail with more Russia anxiety for Trump soon? Either way it is not a bad drop.

Topicel

[shakeypremis] 12/9/2017 16:21

I always find it hard to tell what trend a share is actually following, so I tend to draw as many as I can see that seem to fit and hope one is correct. That results in a bit of messy chart, so I apologise. That said it has helped me predict good buying and selling points in the past here. HOC is definitely following at upward trend within a channel at the moment.

hxxps://ibb.co/b63apF

[richkid71] 12/9/2017 16:15

Let's hope so. We want some happy HOC holders.