Added To Hochschild Mining

On the news that HCHDF (or, HOC.L in London) suspended one of their mine operations for six weeks to improve the output, Hochschild Mining dropped 20% yesterday, and is already down over 27% from the recent highs. We bought a full position at much lower prices, and yesterday we added to the position since I think the downside was overdone. Since we only added 20% more shares, our average total cost per share now is still only $2.38/share. We are not adding to many positions at this point, only in special situations like this one, and we might also add to AYASF (AYA Gold and Silver) if the can knock it down low enough on the news they are selling some stock to focus on expanding their Bourmaline project. Essentially, there has to be some news that is dropping a miner more than I think it should, considering the news. Other than that we continue to stay loaded up in miners as both silver and not platinum have been shaping up nicely, each making new mulit-years highs recently.