Member Info for 100notout

That's a very fair summary Colonel. I agree that Graff could be a contender to take Gem over but perhaps that won't happen unless somebody else throws their hat in the ring first.

I think this is still cheap and if the market can't see it a predator will. I am happy to hold until we get some form of fair value. The current share price is disappointing considering the company is cash positive and continues to find amazing stones. I see further decent finds and the long awaited news regarding Ghagoo will be the major catalyst in the meantime before the results that will drive the share price higher.

If you are in deed related to the Hochschild's I think you should pass on what you write on here to them before you post as you might be or they could be considered to be in a position of insider dealing.

It seems someone is desperate to pick up HOC shares taking the underhand action of having a resident troll on this board. Usually a positive sign. They will no doubt evaporate in too thin air when silver hits $35.

The way some are commenting on here you would think that HOC have hedged all production. This is not the case.

With regards to rising costs, this is across the board and is not solely HOC's alignment in the mining world. Investors are best to be patient and invest with their own convictions. I debated for years on the positive merits of Lonmin, yet there were certain posters (whom most probably were paid to continuously post a lot of negative drivel) said that it would go bankrupt etc. FWIW Sibanye in their last quarter alone made more in profits than it payed for its entire PGM business. It seems the intentions of some posters are somewhat dubious to say the least.

I quite agree Colonel - I see it as a very stupid move by Pandora which will backfire on them. Gerald did certainly balls things up with his comments but they were rather funny unless you were a Ratners shareholder... What he said was true though and I remember having a laugh at the time.

I think we can safely say that this stone is a bit out of Pandora's league...

I think the political aspect here has been taken out of context if you consider;
1. This is the 5th presidential election in 5 years.
2. Most of the worlds precious metals and natural resources are in politically dubious places.
3. The current price of silver and gold.

Governments have to work with miners. You only have to look at S.A - The mining unions there have been talking about nationalising mines for years and higher taxes but it just doesn't happen because it doesn't make sense to bite the hand that feeds them. Politicians can say what they like but they are advised by civil servants. I invested in KOD last week and they are operating in Mali yet they are up over 20% today....

Sotolo, You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time...

It would seem like good timing especially considering hoc goes xd next week. I topped up with some more FRES today too. The patient will be rewarded handsomely...

If the price of silver increases Hoc will increase as they are sitting on rather a lot of it... If you think Hoc are dead in the water why not sell and move on? It seems rather strange to profess to being a holder yet having very little belief in the company's prospects.

On 8 February 2021, the Group signed agreements to hedge the sale of 4,000,000 ounces of silver at $27.10 per ounce for 2021 and a further 4,000,000 ounces of silver at US$26.86 per ounce for 2022. This is to protect cashflows from the Pallancata mine in the next two years with the existing resource base.
Best to stick to the real figures don't you think regarding the hedge? If silver soars this will too...

You certainly can make the same argument re grades and increasing costs as most miners are going through a period of rising costs etc. It makes you wonder when you have such negative commentary from some professing to be shareholders. Very transparent... I picked up a few yesterday and will continue to do so at these prices.

It's no secret that Froneman from Sibanye wishes to buy silver mines as it is currently lacking in Sibanye's portfolio. He also wishes to have more exposure outside of SA. This could be beneficial to both Froneman and Eduardo. Markets have a funny way of suppressing share prices before a takeover to make the offer attractive. Just a thought...

The satellite pipe has proven to be rich with large stones and I agree with Colonel's observation. I have added a few more today as when they do find some decent stones we will be riding on the magic bus to 100 and beyond...

I think the jury is still out regarding the running of the company but certainly the penny has dropped that they own one of the best diamond mines in the world. Dividend soon and not too long now before we get another announcement regarding a decent find or two.

A resounding no it would seem. Wishing you all a good Easter break.

I wonder if we get into the 70's for Easter!!!!

Well if they do go down ex div I will pick up some more as there are positives to propel the price upwards without big finds like an improving diamond market and life getting back close to normal after the pandemic. If history is anything to go by the wait shouldn't be too long now for a large find or two. They often come grouped together like fish swimming in a shoal. The next catch could be a plentiful one when it comes and when that happens we will be rewarded with a proper valuation and you never know that we could be in for a special dividend. Great hold in my book.

I'm still in... It shouldn't be too long before another large find and in the meantime we have a dividend to look forward to.