Hochschild Mining Share Discussion Threads

[dt1010] 19/9/2017 09:01

True, just erring on caution and trying to preempt it I suppose...

This is going gback to 300p+ by the end of 2017 I think though, off the back of a strong rise in gold and silver.

They've taken it down. They'll take it back up.

[juju44] 19/9/2017 08:53

Gold might drop below 1300 but its not clear

[dt1010] 19/9/2017 08:50

Yellen must know that if she signals QT is starting on large scale the nit will drop the markets fast...

Personally I don't think the markets will buy it. Markets might see through it...and understand that the Fed has backed itself into a corner, with a level of debt totally impossible to deal with. They know markets and confidence are pumped on debt and debt alone.

Gold and silver, real money, will reverse when the dollar rolls over on a lack of confidence in the Fed speak.

We are going to see gold drop to sub $1300 that much is clear...and from there, I fully expect a key reversal taking gold to $1400-1500 over the next 6 months.

With the ramp up in delivery at HOC over the next 6 months
this will deliver a recovery in the share price here.
That's the plan folks.

[stevea171] 19/9/2017 08:42

Vultures wanting a low entry point are so transparent ....

[juju44] 19/9/2017 08:41

Maybe but only if the FED want it down for Yellen speech

[11_percent] 19/9/2017 08:38

Have not been on SDX today.

Anyway, silver is going down....not up.

[shakeypremis] 19/9/2017 08:35

11_percent has been over at SDX today too, trying to sow the seeds of discontent.

[topicel] 19/9/2017 08:24

Thanks Stevea, all told the move into Cobalt seems quite prescient...let's hope so anyway given the current, temporary demise of PM values.

I would expect as the Fed meeting begins today that we will get roiled a little more and then all markets will await the announcement which will signal what's next. A further sell-off or Yellen does little more than already announced - or less - on QT and we see the dollar sell-off again with the safe havens including PMs rebounding somewhat.

That's this morning's logic. Still not holding my breath on anything much though.

Topicel

[stevea171] 19/9/2017 08:10

HOC recent investment in Cobalt Power.

Cobalt Power Group Proceeds with the Acquisition of Canadian Cobalt Projects
PR Newswire. Sep. 18, 2017, 06:00 AM

TSX.V: CPO, Pink Sheets: CBBWF

VANCOUVER, Sept. 18, 2017 /CNW/ - Cobalt Power Group Inc. (the "Company") (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce that it has now completed its due diligence review of the business and affairs of Canadian Cobalt Projects Inc. ("Canadian Cobalt") and the four separate blocks of mineral claims owned or leased by Canadian Cobalt in the South Lorrain and Lorrain Townships, Ontario which encompasses approximately 7,400 ha of prospective mineral lands. Canadian Cobalt Projects Inc. is an Ontario corporation incorporated specifically for the purpose of acquiring the four (4) blocks of property lands at issue.

Given the current events within the Company, which have included a strategic investment by Hochschild Mining Holdings Ltd. (see news release August 30, 2017), the terms of the proposed acquisition were adjusted and the consideration that the parties have now agreed to for Cobalt Power's acquisition of all of the issued and outstanding shares of Canadian Cobalt has been reduced to 29,950,000 shares, plus a 1.5% net smelter returns royalty, of which 75% may be purchased at any time in consideration for a cash payment of (CDN)$1,000,000 (terms of the proposed acquisition were initially announced by the Company on July 27, 2017). Following completion of the transaction, Canadian Cobalt will become a wholly owned subsidiary of Cobalt Power Group. The terms of acquisition are subject to TSX Venture Exchange approval.

Highlights

On completion of the acquisition, Cobalt Power becomes one of the largest landowners in the prolific Cobalt Camp/Silver Centre (land holdings total approximately 21,100 acres - 8,500 ha).
Claim group is in close proximity to several historic mines, including the former producing Keely and Frontier Mines, as well as the recently announced First Cobalt/Cobalt One lands.
Presence of historical showings on the properties, combined with the favourable geological setting, enhances the geological potential for the properties.

Dr. Andreas Rompel, President & CEO comments, "The acquisition of the Canadian Cobalt properties presents a rare opportunity to increase our land holdings in the Silver Centre region, an area with a robust mining history and known high-grade silver/cobalt mineralization."

hxxp://markets.businessinsider.com/news/stocks/Cobalt-Power-Group-Proceeds-with-the-Acquisition-of-Canadian-Cobalt-Projects-521601

[topicel] 18/9/2017 21:16

Incredible bounce off that juju, almost as if they want everyone to think this is all chart related and nowt to do with crims...

Way to early to be sure of anything but every cloud has one of them, so I'm told!

Still gold above $1300 is a massive plus for HOC earnings when just a few weeks back we were struggling at $1250 so, if that holds the bargain hunters will be in on fundamentals alone for this company.

Macro always rebalances as fear gives way back to greed at these prices. Back for the fight tomorrow. Night all.

Topicel

[dt1010] 18/9/2017 21:14

Will

It

Last?

[juju44] 18/9/2017 20:56

Perfect bounce off 17 by silver

[juju44] 18/9/2017 19:52

1300 gold and 17 silver were big barriers on the way up so should be bottom on the fall . We will see but really its just where they will put it

[davidspringbank] 18/9/2017 19:50

OK so the dollar is bouncing back from oversold and PM's are naturally heading south, as they should. How far will the dollar rally before it runs out of steam and PM's start heading north again? The overall trend for the dollar is down - look at any chart to confirm that fact. Sentiment for the dollar has evaporated and many countries have circumvented it's reserve currency status with more to follow. Things ain't looking good for the dollar and I'd rather be in PM's early than late.

The remaining half of my cash goes into PM's tomorrow and I will buy physical gold too for good measure.

[glenkaz] 18/9/2017 19:12

Hey what's happened here 🤔 Watching for a good entry! Soz for the drop 💧

[dt1010] 18/9/2017 18:46

We are nearly at the bottom. Next couple of days....then we consolidate and start rising.

[juju44] 18/9/2017 18:37

this is some smack down in miners and metals. How many years does this rinse and repeat go on for. The fekers are making asylum fodder out of innocents like me

[goldenshare888] 18/9/2017 17:45

They are squeezing the pips hard.

The upsurge will be enormous, once we get through the ad infinitum smackdowns/manipulation etc etc

NB. I have just taken a call from someone called Yanet Jellon and she said there will be
3800 re-tests of $1300 level if she gets her way, but she is not sure the Chinese will wait that long! (they may get away with one or two more)!!

She hung up when she realised she had dialled the wrong number.

[dt1010] 18/9/2017 17:20

The lower we go the more vicious the reversal will be.

BRING IT ON

$1250 for gold?

Trump speaks tomorrow at UN General Assembly where he'll no doubt reference N Korea.

I beleive the bottom however will come sometime after Wednesday.

Am buying some phys when it gets to $1300 or sub $1300.

I expect it to bottom out around there and then head for $1380 first stop.

[edjge2] 18/9/2017 17:19

that likely to continue I am not shakey on that but edjgy on below 1300 revisit

[shakeypremis] 18/9/2017 17:06

The USD has been smashed this year.

[shakeypremis] 18/9/2017 17:05

I really don't think PM prices are that closely related to the dollar movements. They certainly don't move up much when the dollar falls that's for sure.

[onedayrodders] 18/9/2017 17:02

USD Index up 0.15% .... is that flying ?

[dt1010] 18/9/2017 16:53

PUNISHED ON THE PROMISE OF MORE LIES