Hochschild Mining Share Discussion Threads

[dt1010] 09/11/2017 09:58

Top its a play on PM prices. Geo political risk is a potential driver for PMs. As for debt, the whole 'america is going to hell' BS is so tired and yes maybe it'll happen one day but no point expecting it to happen as a PM driver.

I think ramp up of delivery, debt renegotiation and reduction, growing revenues, profits and dividends coupled with a gradual rise in gold (I don't see gold dropping in 18) will bring in buyers for the stock

[stevea171] 09/11/2017 09:52

As this Pablo announcement is factored in and improved results start to come through from Pallancata, analysts will start to announce upgrades, increasing target prices and buy/hold/sell ratings.

Means little to PI's but institutions are guided by this.

Firmed up production profile. incl Q3 actual and confirmed guidance for FY which is on track for 37 million Ag equiv oz.

Traditionally Q3 and Q4 are the strongest quarters for HOC production.

After Q3 result:
HOC attributable production (million Ag equiv oz).

........... Q1....... Q2..... Q3..... Q4 ...... FY

2016.......7.4 ......9.5.....9.9.....8.6 ......35.5 (Q4 affected by Pallancata dispute)

2017.......8.6 ......9.3....10.3.....9.5?......37.7? (guidance 37.0)

After Pablo permit announcement 9/11/2017:
HOC attributable production (million Ag equiv oz).

........... Q1....... Q2..... Q3..... Q4 ...... FY

2016.......7.4 ......9.5.....9.9.....8.6 ......35.5

2017.......8.6 ......9.3....10.3....10.3?......38.5? (guidance 37.0)

So Q4/17 production result in January will show a massive jump on the comparative Q4/16 result.
Q4/16 production was impacted by the shut down of production at Pallancata due to the dispute that was resolved in Q1 this year.

[topicel] 09/11/2017 09:45

In the last 18 months there has been a few occasions when a 45% rise has happened within 2-4 week periods and so, as we are still lingering on support probably waiting on the tax and debt ceiling fun and games in the States, more than any other outcome, as to the direction PMs will take, we just have to be patient.

Do we believe the debt is unsustainable, that the Senate will block the tax reforms and the dollar, DOW will tumble as a result?

That is always the bet here. The NK/Iran potential is probably limited now unless they actually do something really daft, but meanwhile HOC provides a solid company to park your spare cash in.

Still better than Carney's 0.5%, is it not? Unless you think we haven't bottomed of course...

Topicel

[dt1010] 09/11/2017 09:33

Chartist would probably say we'll be stuck in this range until gold and silver rally sustainably.

Putting timescale on that is impossible.

Could be years.

But we hope for a rally in PMs in 18. Just for the hell of it.

Glass half full.

[ifthecapfits] 09/11/2017 08:56

Charts above would indicate that we are consolidating in the 220/240 range before the next move up. Be interesting to see some charts from a chartist is there is one on this board.

[juju44] 09/11/2017 08:54

Just no enthusiasm for anything to do with PMs. Buy glaxo

[dt1010] 09/11/2017 08:38

I remain very optimistic here and think that the zig zagging recently represents a bottoming out.

It's up to gold and silver now to move up..

Yawn

Just want 335p and then I'm off to see the Wizard.

That's just a mere 45% increase from these levels (cries).

[stevea171] 09/11/2017 08:36

Institutions still getting out of bed. Haven't read the papers or switched on the PC yet .....

So this is Pallancata sorted. Production was reduced here in previous years because the main vein system production was struggling to be economic with the low PM prices. This year production has come back at the main vein system but may be reduced again now as Pablo takes the lead role.

Arcata is last to be addressed of the 4 mines with current mining from narrow veins and low production giving rise to high costs. The exploration program this year has made new discoveries at Arcata with more to come this quarter as the drilling program proceeds.
Of particular interest are the long drill results which have yet to be announced. Next year we should start to see production improve with lower costs here as well.

[richkid71] 09/11/2017 08:26

DT - you know how the market sometimes reacts. this is good news for us investors but I wouldn't expect a shoot to 400P based on this news alone. Silver and gold need to play ball.

[dt1010] 09/11/2017 08:21

So is that the permission we've all been waiting for? Sorry...

Looks as if it's had a massive impact on the SP


Naaat

[eeza] 09/11/2017 08:05

Gold rises - miners get sold off.

Makes perfect sense.

[goldenshare888] 09/11/2017 08:02

:))

Happy days......now watch the rise.......:))

[stevea171] 09/11/2017 07:59

Pallancata production to start to ramp up from now. This will improve production guidance of 37 million Ag equiv oz for 2017 but most of all it will boost production to 38-40 million oz next year. It will also improve efficiency at Pallancata and lower costs there with higher production.

Pablo vein mining has been ready to go just waiting for this permit to come through.

Ramp up to full production from Pablo 3-6 months.

[dt1010] 09/11/2017 07:59

Pablo! Bring it on! Let's see a spike up in the price followed by a sell off... Bet you any money any gain here today gets sold into lol and we'll end up red on the day

WOOF!!!

[mikkydhu] 09/11/2017 07:57

In the recent presentation in September the company says: smooth ramp up to 2400 tonnes/day expected.

That's about 40,000 silver equivalent ounces per day.

This is more like having a new mine, not just a new vein.

[charles clore] 09/11/2017 07:48

Pablo is very good news

[mikkydhu] 09/11/2017 07:46

The Pablo vein is very big.

In recent presentations and as mentioned in final results on 8th March 2017:

Resource of 40.4 million silver equivalent ounces (up from 22.7 m in 2015)
resource grade up 44% to 529 silver equivalent grams/tonne (2015: 368)

Work ongoing to convert resources to reserves.

[d3009] 09/11/2017 07:45

9 November 2017

Mining of Pablo vein set to commence




Hochschild Mining plc ("Hochschild" or "the Company") announces that following the recent approval of the amendment of the Pallancata operation's Environmental Impact Assessment to include the Pablo vein, the Company now has all the requisite permits and approvals in place to proceed with mining operations.

[jaspoland] 09/11/2017 07:05

Let the rise begin

[dt1010] 08/11/2017 21:22

Should have bought a puppy. Would have cheaper than this hound.

[dt1010] 08/11/2017 20:24

Could be years....controlled by bots run by algos

[richkid71] 08/11/2017 20:16

Oh well. Hoc will recover in time

[dt1010] 08/11/2017 20:03

sure is. Let's not be ridiculous. Gold and silver CANNOT BE ALLOWED to rise.

[juju44] 08/11/2017 19:24

Yanks bringing metals down as usual. This is a pathetic arena for investors but good for those running asylums