RE: Hoc the gravy train for a few16 Sep 2017 12:40
Eish - HOC has been on the rim of my radar for a while as I am watching for next RNSs from UKOG with flow results which can boost the present 8P SP rapidly. keep an eye on it and buy in if it goes up this week.
I did see a report that said HOC was having problems with rising costs of production and this was causing the drop in SP - also China turning the screw on imports - and we are coming into the Winter time which does have a depressing effect on the HOC SP - last year it dropped steadily to 19 Dec at 191P (lower on the day) so I am not heavily into HOC shares at the mo - I will wait until Dec to reassess the situation.
Regards - will do a bit more research on Peru govt
PS - as predicted - the corrupt Tan govt has now attacked Petra Diamonds with the same argument used on ACA Goldmines - I try not to invest for long in Africa because every state is run by a corrupt govt which is anti foreigners