Hochschild Mining Share Discussion Threads

[rougepierre] 15/9/2017 16:17

doubled up sub 245...hope this holds...

[onedayrodders] 15/9/2017 16:02

That's the plan DT, $1300'ish Gold can't come quick enough so we cna move on

[dt1010] 15/9/2017 15:50

None of the gold bull pundits are saying much other than its going to fall before doing a moonshot to $1400....would like to think that will take this back to 300p pre 2018.

[topicel] 15/9/2017 15:33

Ahem, it's currency, fiat currency. What HOC largely mines is money...

Topicel

[dt1010] 15/9/2017 15:31

Thankfully my income gets me by as the capital shrinks lol

[richkid71] 15/9/2017 15:23

It's only money - who needs that anyway.

[dt1010] 15/9/2017 15:15

For now yes, until gold starts rising lol

[richkid71] 15/9/2017 15:13

So to recap, we are up sh@t creek without a paddle. lol.

[dt1010] 15/9/2017 14:26

Gold and silver going a lot higher in 17 and 18 even if they go lower first.

It's all about 2018 for the whole gold/silver mining sector.

[topicel] 15/9/2017 14:12

Not much more than a month ago we'd have been well happy with silver and gold at today's levels.

As has been noted by ODR too the move up past 1300 gold in particular was swift and this is a small adjustment in comparison. Rockets still going off, bombs still sadly being planted and the shoal of fish are swimming towards the dollar again and not the yen, nothing much more. Except the stronger pound impacts too, but again that is only back to where it was two months ago against the Euro and not much longer versus the dollar.

So yes, consolidate and contain, accumulate and adjust, not much else to do as next week will be one long pause until Yellen gives us her latest pearls...

Topicel

[edjge2] 15/9/2017 13:56

DT yes got some cash from shopify now in angs and ukog with 'profits' will renter as Shop yet to enter parabolic.
gold bounced off 1320 hit 1315 earlier.

[dt1010] 15/9/2017 13:00

Nice buy in

Looks like the falls are having a rest for now.

Let's hope the turn up starts here.

[davidspringbank] 15/9/2017 12:30

That's my last tranche bought at 246.80p. I am a trader and my target is gold $1500. Fingers and everything else crossed! Good luck everyone.

[richkid71] 15/9/2017 11:05

People are entitled to be a tad negative given all the hype and mad predictions - they never stop. USD/JPY is flying at the moment. This share has been VERY volatile this year and as others have pointed out the traders have had a much better year than the long termers. one year is nothing in the grand scheme of things, things move very quickly which also means a stock going south.

DT-if you feel cash is the winner here, why don't you cash in your HOC gains now as you have been here since the 40p's?

[dt1010] 15/9/2017 11:01

In th next year a crash/correction will come....but if it's worse than 2008 then it will decimate everything, gold and silver and their miners included.
Be careful what you wish for if you're already holding stocks.
Only refuge is CASH.

[stevea171] 15/9/2017 10:40

Topicel. "It all looks so wrong ..... "
It doesn't just look wrong it is very wrong and that's why quite a few hedge funds are throwing in the towel and returning capital to investors because the fund managers are losing money in a fully manipulated whacko market where investment fundamentals have long since gone out the window.

At least the crypto bubble has been burst for now which is a new area for rampant speculation and quick bucks were to be had by all.

Can't wait for the market wide sell off to begin when hopefully most of the fairy floss businesses will be wiped out completely and others reduced by 90+%. After that we start again with maybe more sense and a bit wiser after a severe hit on the head for many.

[dt1010] 15/9/2017 10:32

That's why I say to you, mining stocks are old school...unpredictable, out of fashion unloved etc....why bother? Hoping all the time silver and gold goes up...while Bitcoin has gone up what...thousands of %

And SHOPIFY.....$120 now....I tipped them on here at $70 but did I think in such a short period the market would be mad for that stock....

What tech stocks have done compared to what the ###k is going on with HOC is just mind blowingly disappointing.

350p here and I take a huge dump of the stock.

[topicel] 15/9/2017 10:09

Which begs the question Stevea, why didn't we all go Fangbusters too?!

As you say, it all looks so wrong, but no metrics look right these days and for all we know the world is techie from here on...and they are making money hand over fist.

Is it all about to implode? We all think so but meanwhile as you say panic that being in safe havens is missing the tech/DOW bus is easy to engender. And yes, AIM is not quite as bad!

I still reckon we should hold and accumulate even if we go lower until the Fed has its latest say. What can Yellen do that she hasn't already? A rise will signal she's done, and holding off again would suggest everything is still fragile and PMs are back in favour until December.

The traders have had a better year here than LTHs. Even more so if they allocated profits into FANG stocks... :(

Topicel

[onedayrodders] 15/9/2017 09:47

We just need to get this first retest of $1300 gold out the way IMHO.
The move through was very strong and fairly quick and needs a period on consolidation.

bwtfdik

[stevea171] 15/9/2017 09:08

It only takes a few funds to start offloading here and an avalanche starts. It's like an AIM penny stock.
The 'me too-ers' join in with no thought, just press the sell button (it's so easy) and before you know it the stock is down 10, 15, 20% on nothing substantial but some funds/shorters initiating volume selling and 'the market' does the rest.

You don't see FAANG stocks acting like this. Just their sp's ever up based on hope and truck loads of borrowed money going ever deeper in debt.

[dt1010] 15/9/2017 08:55

What we need is another nuclear bomb test

Followed by a load of rhetoric and maybe even some juicy destruction of Kim's defence establishment.

Then maybe, just maybe this might get back to 250p ;)

[killary cunton] 15/9/2017 08:51

Events like these have little lasting effect as no one really believes it will happen.

This time may be different

[topicel] 15/9/2017 08:50

The reality of course is there is no potential war, just bluster and more manipulation of said actions by the markets. I think as the day progresses it would need Trump to put his size 12s in it big time but even he's on a tighter leash since they got Kelly in the White House.

More annoying is the need to wait for next week's Fed decision and rhetoric again before it all changes course and is milked back up. Owning and holding and accumulating if you can never seemed more appealing when at these levels though as that debt ceiling can will only get kicked so far...

Topicel

[goldenshare888] 15/9/2017 08:47

Just added more on this ridiculous dip!

It's all got way too negative around here for me - time to buy?

:))