drbubb Posted January 15, 2020 Author Report Share Posted January 15, 2020 Bought some more FRES at 615p Lowers my average cost price Link to comment Share on other sites More sharing options...
jerpy Posted January 16, 2020 Report Share Posted January 16, 2020 On 1/3/2020 at 9:35 AM, hector said: Offloaded another tranche at 656. Will like to run the rest if possible as those were acquired quite cheaply. Nice going there Link to comment Share on other sites More sharing options...
drbubb Posted January 16, 2020 Author Report Share Posted January 16, 2020 21 hours ago, drbubb said: Bought some more FRES at 615p Lowers my average cost price THE GAP to SLV become so large, that Fresnillo shares looked irresistable FRES.L vs- SLV/ Silver ... 2yr : == Link to comment Share on other sites More sharing options...
drbubb Posted June 18, 2020 Author Report Share Posted June 18, 2020 FRES poised? Fresnillo may be poised for a strong move Up FRES ...10yr: 5yr: 3yrW: 2yr: 1yr / Link to comment Share on other sites More sharing options...
drbubb Posted July 17, 2020 Author Report Share Posted July 17, 2020 EXITED FRESNILLO with an Overall profit I was well underwater at one stage, but I added more FRES shares near the Lows, and so was able to exit in recent days at an overall profit FNLPF / Fresnillo USD quote vs SLV & Silver ... update : $13.10 / $17.78 = 73.7%, $13.10 / $18.xx = 66.9% Ratio: $13.10 / $19.57 = r- 66.94% Link to comment Share on other sites More sharing options...
drbubb Posted December 7, 2020 Author Report Share Posted December 7, 2020 FRES Link to comment Share on other sites More sharing options...
drbubb Posted April 1, 2021 Author Report Share Posted April 1, 2021 MAG Silver and Fresnillo generate $11M 'pre-production' gross profit at Juanicipio Kitco News | 02:55PM (Kitco News) - MAG Silver (TSX / NYSE American: MAG) announced today that between August and December 2020, 71,859 tonnes of mineralized material from Juanicipio mine in Mexico with a head grade of 328 grams per tonne were processed through the Fresnillo ... Link to comment Share on other sites More sharing options...
drbubb Posted April 3, 2021 Author Report Share Posted April 3, 2021 THE GAP to SLV become so large, that Fresnillo shares looked irresistable... once again! FRES.L vs- SLV/ Silver ... 2yr : 5yr: from Apr.2019: mid-2015: 10d/ mid-2015: 10d/ FNLPF -vs.SLV ... mid-2015 : 10d/ == Link to comment Share on other sites More sharing options...
drbubb Posted July 29, 2021 Author Report Share Posted July 29, 2021 FRES.L ... chart / Last: 825.8 P +2.4% Fresnillo ups gold and silver production in second quarter Vladimir Basov Wednesday July 28, 2021 11:02 (Kitco News) - Top primary silver producer and Mexico's largest gold producer Fresnillo announced today that its quarterly attributable gold production increased 8.6% over Q2 2020 to 200,163 ounces due to a higher volume of ore processed at Herradura, a higher ore grade at Saucito and increased volume of ore processed at Noche Buena. The company added that its quarterly attributable silver production (including Silverstream) increased 9.6% over Q2 2020 to 14,092 thousand ounces due to a higher ore grade at San Julián DOB, partly offset by a lower ore grade and a volume of ore processed at Saucito. The company's quarterly attributable by-product lead and zinc production increased 1.3% to 16,386 tonnes and 3.6% to 27,687 tonnes over Q2 2020 respectively primarily due to higher ore grades at both Saucito and San Julián DOB, partially offset by lower ore grades at Fresnillo. Fresnillo noted that the company remains on track to meet its 2021 full year guidance of 53.5 to 59.5 million ounces of silver (including Silverstream) and 675 to 725 thousand ounces of gold. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. Fresnillo has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos, Noche Buena and San Julián, three development projects and six advanced exploration projects. Link to comment Share on other sites More sharing options...
(Kitco News) - Top primary silver producer and Mexico's largest gold producer Fresnillo announced today that its quarterly attributable gold production increased 8.6% over Q2 2020 to 200,163 ounces due to a higher volume of ore processed at Herradura, a higher ore grade at Saucito and increased volume of ore processed at Noche Buena. The company added that its quarterly attributable silver production (including Silverstream) increased 9.6% over Q2 2020 to 14,092 thousand ounces due to a higher ore grade at San Julián DOB, partly offset by a lower ore grade and a volume of ore processed at Saucito. The company's quarterly attributable by-product lead and zinc production increased 1.3% to 16,386 tonnes and 3.6% to 27,687 tonnes over Q2 2020 respectively primarily due to higher ore grades at both Saucito and San Julián DOB, partially offset by lower ore grades at Fresnillo. Fresnillo noted that the company remains on track to meet its 2021 full year guidance of 53.5 to 59.5 million ounces of silver (including Silverstream) and 675 to 725 thousand ounces of gold. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. Fresnillo has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos, Noche Buena and San Julián, three development projects and six advanced exploration projects.
drbubb Posted July 30, 2021 Author Report Share Posted July 30, 2021 Fresnillo Benefited From Better Than Expected Silver Grades in 2Q -- Commodity Comment Jul. 28, 2021 at 2:33 a.m. ET + Fresnillo 2Q Total Silver 14.9M Ounces, Up 18% QoQ Jul. 28, 2021 at 2:55 a.m. + Fresnillo Reaffirms 2021 Guidance as 2Q Silver Production Rose 18% Jul. 28, 2021 at 2:11 a.m. ET Fresnillo profit up on stronger prices, cost cuts Jul. 28, 2020 at 2:28 a.m. ET by Jaime Llinares Taboada Link to comment Share on other sites More sharing options...
drbubb Posted October 21, 2021 Author Report Share Posted October 21, 2021 Fresnillo CEO says Mexico's mining situation 'unfavorable' ACAPULCO, Mexico Oct 20 (Reuters) - The chief executive of Mexico's top precious metals miner Fresnillo on Wednesday described the current government's policies as "unfavorable" for the key industrial sector. Mexican President Andres Manuel Lopez Obrador's government has been criticized by the mining industry for its policy of no new concessions, as well as what have been described as unprecedented regulatory delays. Earlier this month, Lopez Obrador further stoked industry concerns by proposing a constitutional reform that would restrict future lithium mining, in addition to placing similar limits on other "strategic minerals" needed for the country's energy transition. "We are in an unfavorable environment right now," Fresnillo Chief Executive Octavio Alvidrez said in a mining conference in Acapulco. Dialogue with the government could lead to policy modifications, Alvidrez added, without going into details. The chief executive noted that last year the mining sector was initially left out of the government's designation as an "essential' industry, and as a consequence was forced to shut down for a couple months. But after dialogue with authorities, he added, mining was later deemed essential and mines across the country were allowed to open back up. > https://www.kitco.com/news/2021-10-20/UPDATE-2-Fresnillo-CEO-says-Mexico-apos-s-mining-situation-apos-unfavorable-apos.html cc Link to comment Share on other sites More sharing options...
drbubb Posted April 18, 2022 Author Report Share Posted April 18, 2022 Finally recovered ... from the Big Drop of Jan. 2022 FRES.L / Fresnillo ... 2yr: 1yr: 6mo - Last: 804.00 - 18.80 2yr: 1yr: 6mo - Last: 804.00 - Link to comment Share on other sites More sharing options...
drbubb Posted April 27, 2022 Author Report Share Posted April 27, 2022 Fresnillo ups silver production in Q1 while gold output down 34%, says 2022 guidance unchanged Vladimir Basov Wednesday April 27, 2022 Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that its Q1 2022 attributable silver production of 13.3 moz increased 5.1% vs. Q1 2021 primarily due to a higher contribution of ore from Juanicipio. The company added that its Q1 2022 attributable gold production of 149.8 koz decreased 34.4% vs. Q1 2021 primarily due to an expected lower volume of ore processed and ore grade at Herradura. Fresnillo also produced 12,244 tonnes of lead (Q1 2021: 15,340 tonnes) and 23,726 tonnes of zinc (Q1 2021: 25,881 tonnes). Quarterly attributable by-product lead and zinc production decreased 20.2% and 8.3% vs. Q1 2021 respectively, driven primarily by lower ore grades and decreased volumes of ore processed at Saucito. The company said that its 2022 guidance remains unchanged. Attributable silver production is expected to be in the range of 50.5 to 56.5 moz while attributable gold production is expected to be in the range of 600 to 650 koz. Silver : 53 M oz. x $ 24 = $ 1,272M Gold. : 625k oz. x $1900 = $ 1,188M Link to comment Share on other sites More sharing options...
drbubb Posted April 27, 2022 Author Report Share Posted April 27, 2022 FRES.L vs- SLV/ Silver ... 2yr : 5yr: GBP 7.94 = $9.84 / SLV: $21.49 5yr: Ratio: 41.9% Link to comment Share on other sites More sharing options...
drbubb Posted June 28, 2022 Author Report Share Posted June 28, 2022 FRESnillo stock has bounced back, despite Silver's weakness FRES ... update: FRES-vs-SIL: Last: 802.60, +15.60, +1.98% FRES-vs-SIL: Last: 802.60 / 20.00 = R- 40.0x FRES-vs-SIL: Last: 802.60 / 20.00 = R- 40.0x Link to comment Share on other sites More sharing options...
drbubb Posted October 5, 2022 Author Report Share Posted October 5, 2022 Where Next? FRES has run up to near the MA resistance at 840P. This was the same point that the 2020 Breakout happened FRES.L ... 3yr: Ytd: 10d / Last: 804.6 - 25.20 FNLPF : 3yr : $9.215, -0.175 O: 8.89, H: 9.29, L: 8.89 / Tue.H: $9.51 Link to comment Share on other sites More sharing options...
drbubb Posted December 3, 2022 Author Report Share Posted December 3, 2022 FRESNILLO... headed back to GBP 1,000+ ?? FRES / Fresnillo... 10yr: 5yr: Ytd: 10d / Last: P 896 Link to comment Share on other sites More sharing options...
drbubb Posted January 17 Author Report Share Posted January 17 FRES at Breakout Point? Over 1,000P may be off to the races FRES.L ... from 2018: 5yr: 3yrW: 2yrD: Ytd: 10d/ last: GBP 9.52. x1.222= $11.65 Link to comment Share on other sites More sharing options...
drbubb Posted Friday at 12:35 PM Author Report Share Posted Friday at 12:35 PM Fresnillo increases silver production in 2022 as gold production down 15.3% Vladimir Basov Wednesday January 25, 2023 (Kitco News) - Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that in 2022, its attributable silver production of 53.7 moz (including Silverstream) was in line with guidance and slightly above FY21 (53.1 moz) with production from Juanicipio and increased volumes of ore processed at Fresnillo, offset by the lower ore grade at San Julián (DOB). The company said that its 2022 attributable gold production of 635.9 koz was in line with guidance and down 15.3% compared to 2021 (751.2 koz), primarily due to a lower recovery rate as higher volumes of sulphide ore are processed and lower ore grade at Herradura, and a decrease in the volume of ore processed and lower ore grades at Noche Buena, Saucito and Ciénega. Full year 2022 attributable by-product lead production decreased 6.4% compared to 2021 due to a decrease in the volume of ore processed and lower ore grade at Saucito and decreased ore grade at San Julián (DOB), mitigated by increased ore throughput and higher ore grade at Fresnillo and increased contribution from Juanicipio. Zinc production was in line with 2021. ...On a silver equivalent basis, the company produced 104.6 moz in 2022, which is a decrease of 7.6% over 2021 (113.2 moz). In 2023, the company’s attributable silver production is expected to be in the range of 57.0 to 64.0 moz (including Silverstream), and attributable gold production is expected to be in the range of 590 to 640 koz. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. > https://www.kitco.com/news/2023-01-25/Fresnillo-increases-silver-production-in-2022-as-gold-production-down-15-3.html Link to comment Share on other sites More sharing options...
(Kitco News) - Fresnillo (LSE: FRES), the world's largest primary silver producer, announced today that in 2022, its attributable silver production of 53.7 moz (including Silverstream) was in line with guidance and slightly above FY21 (53.1 moz) with production from Juanicipio and increased volumes of ore processed at Fresnillo, offset by the lower ore grade at San Julián (DOB). The company said that its 2022 attributable gold production of 635.9 koz was in line with guidance and down 15.3% compared to 2021 (751.2 koz), primarily due to a lower recovery rate as higher volumes of sulphide ore are processed and lower ore grade at Herradura, and a decrease in the volume of ore processed and lower ore grades at Noche Buena, Saucito and Ciénega. Full year 2022 attributable by-product lead production decreased 6.4% compared to 2021 due to a decrease in the volume of ore processed and lower ore grade at Saucito and decreased ore grade at San Julián (DOB), mitigated by increased ore throughput and higher ore grade at Fresnillo and increased contribution from Juanicipio. Zinc production was in line with 2021. ...On a silver equivalent basis, the company produced 104.6 moz in 2022, which is a decrease of 7.6% over 2021 (113.2 moz). In 2023, the company’s attributable silver production is expected to be in the range of 57.0 to 64.0 moz (including Silverstream), and attributable gold production is expected to be in the range of 590 to 640 koz. Fresnillo is the world's largest primary silver producer and Mexico's largest gold producer. > https://www.kitco.com/news/2023-01-25/Fresnillo-increases-silver-production-in-2022-as-gold-production-down-15-3.html
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