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Working well though, anyone elsectrim yesterday? Great call.
Always keep a core here and trade to lower average. Great opportunities here.
Ps this range bound will end and my gu as is on the upside and then you won’t be able to buy back and will stop working
Mary even better sell Hoc and buy Cey whenever 10% above Cey. Sell The Cey and buy back Hoc whenever more than 2% below Cey. This one has been working for years
Mine is not to reason why, as there is no logic.
Add HOC 85 or lower and reduce around £1.06
Add FRES sub £5 and reduce towards or over £6
Rinse repeat as often as the levels allow.
Builds up a nice position, with a low average cost.
Not a recommendation of course,
Strange, Fres is up too & silver price broke down today only to rally after to a new daily high. Coeur, another profitable company which mines silver amongst other things is up too.
I guess we'll be watching to see if the price of Silver can break above the 200wma along with gold retesting highs. Someone is clearly after high quality silver exposure and they have a lot of money!
Particular reason for today's uptick??
Great start today, long may it comtinue!!
This one is now a super trancher with a skew to the upside (range 80 -120).
22/12 .....18/1....29.1 107p to 86p to 100p+
Exxamples of travelling to capture 35p for the patient - neat return as the average tumbles. Rinsing and repeating for FOC HOC shares over time.
Not a recommendation of course, just an observation of what is possible on a share. DYOR.
Mid 80s then into feb and 1st gold pour of mara rosa project could lift
Smart, I believe this will go back to the 76-80 level
I took profits just over 96p. Concerned about being on for the rest of the week. Will look for a lower entry point.
HOC has survived a lot over the years - fairly positive on future prospects
A touch too soon I'd say.This is looking good for the foreseeable future
At 92. Very surprised it went out with results like that this morning. Took my profits and ran to the exit
Or trending lower as per : Current Net Debt/LTM EBITDA of approximately 0.97x as at 31 December 2023, improved from 1.12x in September 2023
A very solid update imv
That because of investment in Maria Rosa?
As expected. The best bit is a 20% production rise in 2024. This should find its way up to 110p eventually.
My timing is generally appalling. But I did not think we'd see this under 90 with gold over 2000. So feeling comfortable with today's top up. Just looks great value on gold and silver finds its feet, could be stonking value.
Aboard but looking to add more in low 80s.
All aboard.
Got that one obviously wrong. However, production guidance for 2024 does look good along withy cost reductions.
Modest hold in the portfolio as silver looks like it is ready to rally again.
“Barclays raises Hochschild Mining price target to 125 (105) pence - 'overw.'” - should help claw back a few pence in the short term 🤞
Yes, they are, 24hr bus ride from Lima
Oh thank you - assumed the mines were south Peru and well away from the border.