Hochschild Mining Share Discussion Threads

[stevea171] 20/9/2017 08:46

Low volume in HOC so far at only 66k as everyone waiting on the Fed it seems.

Cartel out of bullets? They have taken their foot off the brakes for the last day and a half and PM's starting to rebound ....

[juju44] 20/9/2017 08:46

This has had an almighty smash - down almost 1/3rd in 6 weeks but technically it is now extremely oversold with indicators on the floor . it may go lower but I think it is well overdue a bounce . I expect that to be soon

[shakeypremis] 20/9/2017 08:31

I was going to hit the buy button this morning but it's still looking a undecided regarding direction. That bounce in gold and silver could so easily get wiped out later today too.

[dt1010] 19/9/2017 21:46

$1280 me thinks

[charles clore] 19/9/2017 21:04

edgje - good luck with that 1250

[edjge2] 19/9/2017 20:22

DT hope you are right but likely a small bounce after FOMC then down to about 1250 for a monumental bounce up as correction overdone

[onedayrodders] 19/9/2017 20:20

A Higher Low?

We should note that if gold prices were to bottom over the next two weeks at any level above $1,301, this would represent a bullish development for the price forecast into 2018.

Lets hope so

[dt1010] 19/9/2017 19:31

Back up again eeza. This pull back is nearly exhausted if not already.


Why You Should Buy This Gold Pullback $GLD

[eeza] 19/9/2017 18:15

Crimms straight back to work.

[richkid71] 19/9/2017 18:04

You should work in the HOC sales team. I admire your determination. Who knows if this will reach 250P let alone 350P. The new Steve posted today looks very promising but that nothing is rarely straightforward so expect some unforeseen circumstances along the way. Will GS get last years or this years predictions of 550P+ hmmmm, probably not.

[dt1010] 19/9/2017 17:13

Tomorrow is the judgement day for gold.
Bottoms are never straight forward.
But investment isn't nevcessarily about finding it exactly.
Just looking forward to the Peruvian permission to come back and a ramp up in production.
That will put this on 12 times earnings next year.
350p will be cheap at that stage.
And therefore 240p ridiculously cheap in retrospect.
People always expect it to get endlessly cheaper when a stock is falling. But the reality is on fundamentals going forward alone, this is a very strong BUY.

[juju44] 19/9/2017 17:01

They allowed it to go over 1300 after several attempts . They dont need to take it back below that . bwtfdik

[onedayrodders] 19/9/2017 16:58

Given the move from $1350 to $1300 and change it's no wonder only a few are dipping their toe in at the moment.

[richkid71] 19/9/2017 16:31

If this does move north I bet the rise won’t be as hard as the fall south. Gold movement has been very weak today even given ‘the one with tiny hands’ speech.

[dt1010] 19/9/2017 16:21

You think it will go lower? (I take it you don't?)

[charles clore] 19/9/2017 16:13

DT - I think you are being overly optimistic, depending on your trading stance of course :-)

[dt1010] 19/9/2017 16:07

Ha. I reckon $1280 is the gold target short term. Then the reversal from there.

[juju44] 19/9/2017 15:59

Oh Dear , let me out of here

[shakeypremis] 19/9/2017 15:23

And Iran too now.

[shakeypremis] 19/9/2017 15:21

Trump going after North Korea at his speech at the UN.

[killary cunton] 19/9/2017 14:25

juju was saying 'they' manipulate the gold price and put it where they want. Is he now saying then that they are manipulating the gold price by manipulating the usd/jpy?

[richkid71] 19/9/2017 13:48

juju is right. You need to look at the USD/JPY. Hoping the bottom is in. We shall see very soon.

[edjge2] 19/9/2017 13:45

Thought all along diversification to cobalt upset many. Looks like a shrewd move. Maybe they'll grab some lithium too, plenty on tsx.