Hochschild Mining Share Discussion Threads

[shakeypremis] 16/1/2018 21:52

I guess we'll find out tomorrow won't we!

[stevea171] 16/1/2018 21:27

Dearie me, Numis! Very conservative production number of 8.8 million Ag equiv oz. Also how does 5.4 + 5.1 = 8.8?
Also Pablo should have been in production Q4 after permitting approval in early November.

"Hochschild Mining is due to announce fourth quarter production, which Numis predicts will come out at 72koz of gold and silver production of 5.1Moz, equivalent to 8.8Moz on a silver equivalent basis.

Analysts expect gold equivalent cash costs of $608 per oz with full year revenues of $712m, EBITDA of $322m and earnings per share of 9 cents.

"The main focus for Q1 should be the commissioning of the high-grade Pablo vein system at Pallancata that should increase production and drive down costs"."

[hectorp] 16/1/2018 19:51

Not many stackers will have transformed into coiners! They are diametrically opposites.

[extrader] 16/1/2018 18:49

Hi all,

Maybe some folks are having to liquidate one 'store of value' - PGMs - to meet their margin calls on another (cough) store of value - bitcoin and co.?

Jes' sayin' , like.

ATB

[hectorp] 16/1/2018 17:31

I sense this is only a PM blip down, to be resumed rapidly IMHO. Look forward to the results.

[hectorp] 16/1/2018 17:28

Both PM's making small step intraday higher points.

[stevea171] 16/1/2018 17:25

Shakey. 235 I think not. There just might be a positive surprise for you tomorrow .... !

[shakeypremis] 16/1/2018 17:03

Gotta love how quickly this dives. The dollar has barely bounced, the commercials win again and knock gold and silver back and HOC get's battered. As long as we don't go below 235 I will refrain form committing suicide just yet.

[juju44] 16/1/2018 16:57

bad day at mill

[ifthecapfits] 16/1/2018 16:35

Great read cross. Thanks for posting.

[crosseyed] 16/1/2018 16:16

Something to divert away from the familiar machinations...

[hectorp] 16/1/2018 12:25

many thanks Steve.

Big knockdown of silver late in Hong Kong session , but on the back of $12 fall in gold..
Noting UK rates may not rise next quarter, so sterling could be suppressed and PM's rally more in sterling.

[stevea171] 16/1/2018 10:16

McEwan Mining (MUX) result. San José Mine, Argentina (49%)

The attributable production from San José in 2017 was 49,233 gold ounces and 3,159,352 silver ounces, for a total of 91,356 gold equivalent ounces. Compared to 2016, gold production was up 6% and silver production was down 4%.

In Q4, attributable production was 14,528 gold ounces and 919,898 silver ounces, for a total of 26,793 gold equivalent ounces.

They use gold equiv oz. HOC uses silver equiv oz so converting at 75:1 ratio

Q4 MUX: 2.00 million oz (HOC 51% 2.09 million oz)

FY MUX: 6.85 million oz (HOC 51% 7.13 million oz)
FY San Jose: 13.98 million Ag equiv oz (2016: 13.72 million Ag equiv oz)
So FY SJ production was steady with a higher gold mix.

[shakeypremis] 16/1/2018 09:53

It has been a good run for the metals. Not that HOC has got anywhere really. All in good time though.

[onedayrodders] 16/1/2018 09:48

Been a good solid run recently so normal to consolidate somewhat.

[february 30th] 16/1/2018 09:44

You're getting PMs and cryptos smashed simultaneously, which is interesting.

[shakeypremis] 16/1/2018 09:43

The tiniest bounce in the dollar and the metals get battered. So biased.

[juju44] 16/1/2018 09:38

They want you to get frustrated and give up

[ifthecapfits] 16/1/2018 09:30

FFS - just as you think progress is being made.

[juju44] 16/1/2018 09:30

yep , always follow the commercials. They are doing God's work

[eeza] 16/1/2018 09:29

No surprise as Commercials went net short last week. Their weight of 'money' always bends the Market their way.

Bent as a 9 bob note.

[juju44] 16/1/2018 09:20

Wow as I wrote , silver massacre

[juju44] 16/1/2018 09:18

yanks back on form . Slap down Tuesday for the metals

[banj] 15/1/2018 20:02

San Jose mine stand out performer. Mix of production favours gold. Up 6% Yr on Yr ;)