Post by
margaritaman on Apr 16, 2021 12:59pm
Things that make you hmmmm.
Interesting movement to the down side when all my other copper stocks are up. No news, copper off a little today but nothing substantial. Any thoiughts?
Comment by
dienekes on Apr 16, 2021 1:16pm
only thought I have is get it down to 8 please. Peru front runner wants to renegotiate contracts? yeesh. Without Peru, Hudbay has no real copper. Not sure Lolar counts much. Why are they not hitting Anne Mason fast and hard. Don't think Rosemont will be for sometime
Comment by
Cobalt on Apr 16, 2021 1:31pm
2 things HBM was the strongets copper off the March 25th lows , profit taking? Also told the board to watch Peru election polls , front runner threatening to nationalize minning and we all know how that goes aka venezuela , if you are not watching the polls i have no words. dyodd
Comment by
Unicorn9000 on Apr 16, 2021 1:46pm
He wants more money. https://www.mining.com/web/peru-presidential-candidate-fires-warning-to-mining-companies-over-copper/
Comment by
Cobalt on Apr 16, 2021 1:55pm
Love the reseach , i always come back to some of the best have been calling the markets these days a Narrative market aka story , I go with the Narrative these days good luck.
Comment by
1234bmth on Apr 16, 2021 2:21pm
One thing I noticed for the last few weeks, HBM is dropping almost every Friday.
Comment by
1234bmth on Apr 16, 2021 2:28pm
If it was anything with Peru, GMT Capital would have started to sell long ago, they haven't sold a share for long time.
Comment by
llihevad1 on Apr 16, 2021 2:54pm
I have been watching that as well... Does anyone have the total institutional and fund ownership for this stock? The top three own 40% of the stock... large ownership has to be over 90% https://www.morningstar.com/stocks/xtse/hbm/ownership Morningstar shows top twenty funds holding 31.4M and institutions with 234.1M or 265.5M... There is only 261.4M shares outstanding...
Comment by
Unicorn9000 on Apr 16, 2021 3:09pm
73% institutional investors 27% retail