HRZ 0.00% 3.7¢ horizon minerals limited

Advice needed, page-42

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    I think it was a run from 9 cents to 20 cents based on fundamentals, that went on a prolonged run from 20 to 30 cents off the back of speculation and traders jumping on the band-wagon.

    Those traders + some large long term holders & some oppie holders then dumped off the back of a trumpeted Vanadium announcement ('world class project') which created some short-term excitement and was seen as a selling opportunity.

    The next leg up will be based on Gold resource upgrades & discoveries, and a legitimate progression of the Vanadium project. The company will deserve the re-rate - the hard work is being done right now - and it will stick.
 
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