RE: Happy Christmas!27 Dec 2018 10:15
Morning.
Who knows how the "market" will play PM miners but Gold and (my pick) Silver are doing well, Silver going vertical to >$15 yesterday and it's still there now.
Correct me if I'm wrong because I've not looked at the numbers here for ages but with if HOC's AISC is still $12 then a move to mid-upper teens on Silver stands to multiply their margins "overnight".
Silver is STILL at an all-time gold:silver ratio high and I expect/hope that to close up - if it went back to its average without Gold moving at all then Silver would be at $25 ...
Gotta stay patient and let it play out imo and, yes, keep making hay whilst the likes of this, FRES and CEY are where they are.