There is only so much that can be said here on a daily basis...
Yet some it appears have plenty to say...over and over...it really does get a bit tediuos at times.
HOR are on to something here in my view, with a new focus to deeper targets.
Until the next drill programme however, or some other news to push this along, HOR is expected to be played with by all sorts...for various reasons.
Given the size of the run, the trading around current levels is a pretty good result...and clearly supports the view HOR has been re-rated to new levels.
Still way undervalued given HOR's peers in the region, their existing resource, existing infrustructure, tenement position, cash at hand and of course recent results.
Hard to say what might happen in the interim, but I suggest the current share price is less to do with true "value" and more to do with positioning from various quarters.
The falling trading volume as the stock generally side-tracks, is very telling.
Cheers!
HOR Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held
