hector Posted May 20, 2019 Report Share Posted May 20, 2019 Looks like this stock has leveled out. Just waiting for silver to reach it's trendline support just above 14 before the next push up. Link to comment Share on other sites More sharing options...
hector Posted May 29, 2019 Report Share Posted May 29, 2019 Fres looks like it's starting to finally climb outside of its crater. This may indicate that silver has bottomed, or within a couple of weeks at most. Link to comment Share on other sites More sharing options...
drbubb Posted June 2, 2019 Author Report Share Posted June 2, 2019 "Fres looks like it's starting to finally climb outside of its crater. This may indicate that silver has bottomed, or within a couple of weeks at most. " - Hector. Yeah, I agree Hector. I like the look of the FRES chart now FRES.L / Fresnillo ... update : w/slv-sil: Last: 768.00 +22.80, +3.06% : w/slv-sil:  The others may have bottomed too == Link to comment Share on other sites More sharing options...
hector Posted July 23, 2019 Report Share Posted July 23, 2019 Sad to see this basically go back to my buy in price. It seems to be going through a period of 'adjustment' and is not a real threat to long term holder positions. Will probably add some if it goes to £6.xx. Link to comment Share on other sites More sharing options...
hector Posted July 30, 2019 Report Share Posted July 30, 2019 Lol this has now entered £6.xx. Trash company. Link to comment Share on other sites More sharing options...
drbubb Posted July 30, 2019 Author Report Share Posted July 30, 2019 Ugly Day ! -15% FRES.L ... update :  GBP 672.20 / Change: -122.40 Fresnillo PLC posts sharp drop in sales and profits for first ... 5 hours ago - Fresnillo PLC (LON:FRES) - A cost cutting programme will be rolled out in the second half of 2019. ... Home · News · Newswires · LON:FRES. Fresnillo posts sharp drop in sales and profits for first half of 2019. Share. Facebook ...  Link to comment Share on other sites More sharing options...
drbubb Posted July 30, 2019 Author Report Share Posted July 30, 2019 Silver Is Soaring, But Fresnillo Is Missing Out on the Ride ... https://www.bloomberg.com/news/.../silver-is-soaring-but-fresnillo-is-missi... 2 hours ago - Fresnillo Plc, a Mexican silver miner controlled by billionaire Alberto Bailleres, isn’t seeing many benefits from a surge in prices of the precious metal. ... Fresnillo has warned that 2019 will be a challenging year, pummeling the shares despite a rebound in gold and silver prices. Link to comment Share on other sites More sharing options...
hector Posted August 15, 2019 Report Share Posted August 15, 2019 Was able to completely sell down my position without loss after I doubled up at 576 on August 1. Playing with the long term trend here and not expecting a fast recovery to £8 although I admit it may well be possible if silver stays bid. Link to comment Share on other sites More sharing options...
hector Posted November 12, 2019 Report Share Posted November 12, 2019 Added half position at 646. Quite bullish on metals so also added long silver at 16.70. Link to comment Share on other sites More sharing options...
hector Posted November 12, 2019 Report Share Posted November 12, 2019 Still a stupid dog. Dunno whether it's worth adding if it drops to 600. Link to comment Share on other sites More sharing options...
hector Posted November 14, 2019 Report Share Posted November 14, 2019 https://www.mining.com/fresnillos-subsidiary-granted-disputed-land-in-sonora/ Could result in extra ounces. Link to comment Share on other sites More sharing options...
hector Posted November 15, 2019 Report Share Posted November 15, 2019 Added rest at 613. Hoping for a bounce. Link to comment Share on other sites More sharing options...
jerpy Posted November 16, 2019 Report Share Posted November 16, 2019 18 hours ago, hector said: Added rest at 613. Hoping for a bounce. Good luck to you, IÂ think a lot of these silver plays fundamentally need a solid or ascending silver price to shine. Link to comment Share on other sites More sharing options...
hector Posted November 16, 2019 Report Share Posted November 16, 2019 7 hours ago, jerpy said: Good luck to you, I think a lot of these silver plays fundamentally need a solid or ascending silver price to shine. You seem to be implying that the silver price has further to fall. I can't blame you for seeing that, but I really think that the Fed's easy money policies have restarted with a vengeance and we're unlikely to return to the $14s or even $15s as in the last tightening cycle. Link to comment Share on other sites More sharing options...
hector Posted November 16, 2019 Report Share Posted November 16, 2019 A quite compelling technical narrative from ADVFN: tradesmarter 15 Nov '19 - 20:39 - 9008 of 9014  Been watching for a few days and entered this morning, couldn't get filled as the price kep moving price I wanted but loaded up quite a few at 615. I had 610 as support with secondary support at 600 and aware it could spike low to 575. For now I think this is in a long term downtrend BUT a counter trend bounce is due and whilst everything points to SELL, I think a trading bounce is on the cards and very soon this will become a very compelling investment as opposed to a trade...For now this is a short term trade BUT I will be keeping this "on radar" for investment. Whilst the short term news has been negative and broker down grades etc it would appear to me that we are oversold, approaching double bottom, long term support and a whole load of other technical patterns that suggest that a short term bounce is due and that we are probably in the last phase of the long term downtrend A lot of folk dont believe in technicals (and that is fine by me) but for now it does appear a good risk/reward set up in my book...I'll stay long above a 595 close and if wrong try again nearer 575. Looking at long term weekly trend and short term trend they all point to decent returns if you buy below 625 (as usual shares can plummet as well as fall, but lets hope there is method in my madness...betting against the dominant trend) Starting with the long term chart...below 625 looks good for a bounce?free stock charts from uk.advfn.com Potential short term bounce targetfree stock charts from uk.advfn.com Bearish Triangle...but counter trend bounce due?free stock charts from uk.advfn.com I'll be "flexible on approach to 650"...lets hope we get there and smash thrufree stock charts from uk.advfn.com Looks like a bullish "W" bottom to me and as others have stated possible triple bottom...I see 600-610 as support zone and hope it holds (575 risk)free stock charts from uk.advfn.com Bearish long term vs the fight for bullish short termfree stock charts from uk.advfn.com Mr Bollinger agrees we are well due a bouncefree stock charts from uk.advfn.com Buy signals below 625free stock charts from uk.advfn.com Short term pivot pointsfree stock charts from uk.advfn.com Below mean average...buy below the line sell above the linefree stock charts from uk.advfn.com Oversold hints time to buy was todayfree stock charts from uk.advfn.com Bullish "hammer" candle...suggests buyers pilled in at bottom of rangefree stock charts from uk.advfn.com Investors selling on approach to 100 day (bearish trend, but plenty of room to bounce and also to fall, but risk/reward is compelling)free stock charts from uk.advfn.com So technically I hope we bounce short term, we really need some meaty director buys at these low levels to "turn the market view" but down 7% this week, around 20% in 3 months, -25% this year.....it appears we have under performed the sector by around 30% and with the share price down over 50% in the last few years but revenue is up that smells like an over reaction to me and the markdown and downgrades could just be the bottom of the trend. Not had time to do in depth analysis on the fundies but had to react quick this morning on the pullback and that long term bull wedge will give one hell of a meaty return once it breaks to the upside. Best of Luck Link to comment Share on other sites More sharing options...
hector Posted November 22, 2019 Report Share Posted November 22, 2019 Bottom fell out without silver even capitulating. Really hope I've not been had here. Link to comment Share on other sites More sharing options...
hector Posted December 16, 2019 Report Share Posted December 16, 2019 Fully loaded in UK silver miner Fresnillo. After falling out of FTSE100 it's definitely bottomed. Still down about 5% 😢 but not for much longer. Link to comment Share on other sites More sharing options...
hector Posted December 18, 2019 Report Share Posted December 18, 2019 Another day where HSBA is matching FRES. I wonder what the connection could be? 🤔 Link to comment Share on other sites More sharing options...
drbubb Posted December 20, 2019 Author Report Share Posted December 20, 2019 FRES has been a dog for some time. And mostly stayed a dog, without much recover, as we have seen in some other stocks like CDE and GORO I have lightened up on those, and have recently been buying SLV calls. I feel safer Link to comment Share on other sites More sharing options...
hector Posted December 20, 2019 Report Share Posted December 20, 2019 May have stayed down while FRES officially falls out of FTSE100 today. Looking for UK miners to outperform US miners over next few weeks. Link to comment Share on other sites More sharing options...
jerpy Posted December 30, 2019 Report Share Posted December 30, 2019 On 12/20/2019 at 5:14 PM, hector said: May have stayed down while FRES officially falls out of FTSE100 today. Looking for UK miners to outperform US miners over next few weeks. Hi Hector, No position here but was reading this on stockhouse earlier, just thought the comment on Fresnillo perhaps sums up their woes relative to other silver producers? https://stockhouse.com/opinion/independent-reports/2019/12/13/silverbugs-is-it-time-for-silver-stocks-to-blast-higher 50% drop off in grades is bound to buck sentiment, question is what will reverse fortunes? Link to comment Share on other sites More sharing options...
hector Posted December 30, 2019 Report Share Posted December 30, 2019 40 minutes ago, jerpy said: Hi Hector, No position here but was reading this on stockhouse earlier, just thought the comment on Fresnillo perhaps sums up their woes relative to other silver producers? https://stockhouse.com/opinion/independent-reports/2019/12/13/silverbugs-is-it-time-for-silver-stocks-to-blast-higher 50% drop off in grades is bound to buck sentiment, question is what will reverse fortunes? FRES pays a dividend and they are constructing a new mine at Juanicipio with MAG. So a safe play here, already in slight profit. Link to comment Share on other sites More sharing options...
jerpy Posted December 30, 2019 Report Share Posted December 30, 2019 32 minutes ago, hector said: FRES pays a dividend and they are constructing a new mine at Juanicipio with MAG. So a safe play here, already in slight profit. Fair enough, I’m just looking around at Silver plays in general; hopefully you will be well rewarded 🙂 Link to comment Share on other sites More sharing options...
hector Posted January 2, 2020 Report Share Posted January 2, 2020 Sold off 25% at 643. Had quite a big position so not quite bearish on it yet. Link to comment Share on other sites More sharing options...
hector Posted January 3, 2020 Report Share Posted January 3, 2020 Offloaded another tranche at 656. Will like to run the rest if possible as those were acquired quite cheaply. Link to comment Share on other sites More sharing options...
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