The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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"We never expected a shout out for #SilverSqueeze from Silver Institute, let alone their confidence in a higher future price, until we realized Mike wasn't talking to Americans, but India."
https://x.com/rWallStreetSilv/status/1793547918647103716
Sprott Asset Management
"Both #gold and #silver have posted notable gains in 2024. Gold reached a new high and garnered strong support from central bank buyers, while silver demand has risen due to photovoltaic solar panels."
https://x.com/sprott/status/1792933461696590228
And back over $32 we go!
Sure has been an exciting few days in the #silver market...
https://x.com/ArcadiaEconomic/status/1792910606191690078
Ahha... HOC is my largest metal holding, but almost any of the smaller Gold/Silver miners could take off. I would like to think that MTL could break-out, but with classic AIM market company news it appears they have trouble understanding the contract that they signed re loan agreement. It would be interesting to read an extract from the contract re the loan repayment issue. KEFI (a long term punt) jumped 20% at one point today and could well repeat that in the future, though they have no revenue, but talk of jam tomorrow, which may happen if the Ethiopians/Saudi's push ahead with their plans.
Silver going much higher:
"The most active Shanghai #silver contracts rise above 3% in the night session."
https://x.com/Sino_Market/status/1792544539896676733
Potentially a special divi for volcan or maybe they just try and raise capital and keep a sizable stake. Would prefer the latter but not for another 6months atleast.
Apparently, they are not paying a dividend at the moment, despite the information on this board! Maybe they will recommence the dividend, that will certainly help to boost the share price.
As far as how far this share can rise, I am not greedy, one of my short term targets is £2.20 But certainly £2.50 is a strong possibility. And in the next two years Maybe much higher!!!
Divi is going to get bigger too maybe even a special one
Wonder just how high this can go if PMS keep on rising?
Houston we have lift off
Hi Nimrod, out of all the mining shares you have been watching, which of them has the most potential in your opinion?
92% since my first buy in August 2023, and doesn't look as if it will stop rising as Gold/Silver continues skywards with the afterburners on full throttle !!
Well done ahah,
Bought Hoc in 2014, 2019 and will buy again.
Silver could 10x, in next five years, but could double quickly, HOC.L can 5x, Alien Metals UFO.L could 50x.
Prefer diversification of SILG.L, as holds 25% royalty and streamer Wheaton Precious Metals WPM, and all the best Silver Producers, they can buy after hours, save me being ripped off with FX and international spreads, and save me going in on one jurisdiction. I may lose a little bit of beta for a better risk reward.
Then add a moon shot explorer like Alien Metals UFO.L, with highest grade Silver mine in tier 1 Australia, shut down after a year due of production due to a fall to $5 Silver.
2nd best Silver drill intersection globally in the last 4 years 83,000 g/tm, near surface nuggets, and the deposit source yet to be located. In an explorer that is 7 months from Cashflow on its Iron Ore tenements, and will be able to fund development with or without a JV.
Check out pictures at the bottom of the link.
https://www.alienmetals.uk/project/silver-elizabeth-hill/
Really hope HOC does well, know Don Durrett loves it, and having been in and out of it since 2014, hope the company gets the valuation it deserves.
I have been a holder of HOC for about 5 years and I was sitting on a loss. Very fortunately, I recently increased my holding by 5 times some months ago when the shares reached £1. That wiped out past losses and put me into a healthy profit. But on Friday, on the news that a director had bought in after a long period of inactivity.....and the news of a silver breakout, I pounced!! I increased my current holding by x 3. And so, I am anxiously looking forward to the opening of the markets on Monday. Of course, as is often the case, there may be a huge sell off of silver and the usual manipulation. But somehow, this time I think it is going to be different. What do the rest of you think? I can see HOC going to £2.50 in time.
Very nice, still kicking myself selling that spread at £1.26 but i have a holding anyway
Yep looks like a huge vote of confidence in the new mine
Eduardo Landin acquired 148,000 Shares on 16 May 2024 at an average price of £1.5931 per Share. The Company was notified of the transaction on 16 May 2024. Following the purchase, Mr Landin has a holding of 430,700 Shares, representing 0.08% of the Company's issued share capital.
Great to see he is putting his money where his mouth is.
"Been saying lately that $SILVER will break out soon, and that it is a GENERATIONAL opportunity. It then broke out above blue line. Note the two previous blue breakouts of similar weight.
Now up against black gate 30 level."
https://twitter.com/graddhybpc/status/1791024595010453928
"Silver prices are teasing us near $30 per oz ... highest level in over 3 years."
https://twitter.com/WallStreetSilv/status/1790811993135272409
Hoc just been taking a well earned breather after a meteoric rise…
Who knows?
HOC doesn't appear to want to roll over just yet.
More like it is waiting for a starting gun.
Great rns about Mara Rosa production.
Yet the SP appears to be struggling. A case of buy the rumour, sell the news?
"GOLD, SILVER MANIA: One Of Michael Oliver’s Most Important Interviews Ever"
"... fasten your seatbelt, this is the acceleration phase. This is the point in the gold bull trend where if you’re not there, you’re going to miss it ..."
https://kingworldnews.com/gold-silver-mania-one-of-michael-olivers-most-important-interviews-ever/
Will he be proved right? I think so.
"Turk: This Could Be The Big One For Gold, Silver And Miners As Today We Got A Trifecta Of Upside Breakouts"
https://kingworldnews.com/turk-this-could-be-the-big-one-for-gold-silver-and-miners-as-today-we-got-a-trifecta-of-upside-breakouts/
Suspect we'll see some big vertical legs on this breakout.