Am surprised no one has raised an eyebrow re the Hortons past drill results in the Qtrly. . Nothing short of spectacular. The trick will be to determine whether the dots link up on this property in coming drilling program after Bygoo and maybe the silver. At least we effectively have a dedicated rig (s) given our drillers are also significant shareholders.
The clue re Hortons is in the structuring of the deal. Shares and options up front which placed the vendor at the top of our register before soon to be replaced by SVL. However there are also significant cash payments to the vendor on definition of 1, 2 or 3+ million ozs gold defined. Just the fact we are even thinking about such possibilities should really make us scratch our heads re the serious prospects and excitement ahead. We have only tasted appetizers so far with the main courses being lined up for a feast this year.
Can understand why "Next Investment" analysts have included us in a select group on high reward / risk ratio mid term with their other mains VUL EMN HWK etc. Ok they really got lucky with VUL. Point is their subscibers are seriously cashed up and looking to parlay no doubt hahaha.
Reckon recent high volume accumulation both fpos and opts may be ahead of their next upgrade on TMZ now that the Silver asset has been put away (subject to SH approval in likely March EGM of course.... that shld b e a strong yeah hey). They last stated such intent for when the Silver was finalized.
However lets go further and consider we will soon be declaring a maiden Tin resource at Bygoo ... Tin is going to be the hottest metal ahead on most severe supply definciencies cf demand, watch the price ...... AND big watch at HORTON Gold given the past drill results and implications of the deal struck.
40 mill MC given what we now have and what is coming may well be considered an incredible entry point few months down the track.
Keep up the creative thinking and excellent dealing bros. Love to be a fly on the wall during yr corporate strategy meetings
OWEP
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