HRZ 0.00% 3.7¢ horizon minerals limited

Ann: Spectacular Drill Results Continue From Crake Gold Project, page-31

  1. 11,334 Posts.
    lightbulb Created with Sketch. 4670
    Yeah the SP continues to do as we have come to expect. Nothing lol.

    I know we had 50,000 metres with only around half completed to date. So plenty more to come, mainly from greenfields and expanded areas if my memory serves me right.

    Plus recent corporate activity and more millions in the bank will no doubt increase that 50,000m drilling throughout the year (The goal of management seems to be proving up our key project resources and advancing these projects ready for production and cashflow, while at the same time, spending exploration money on other projects with commodities which fit the current market sentiment). Depending on wet seasons and availability of rigs, permits for exploration, there will be multiple projects in and out of drilling the next quarter and beyond.

    We should be getting continual drill results as we have been every 3 weeks or so along with other activity updates in between.

    When will the SP reflect the past data announced and then get bumped up by future results? My guess is as good as yours! It is all about timing with market sentiment, marketing and some interest from some big players to get it really moving IMO. If we had a key focus on commodities such as lithium, REE's or oil&gas the past quarter we would be more than 3x our current SP value. It's how the market works and how attention and then volume appears, particularly from the big institutions with the $$$.

    We will get our time in the sun, just have to be patient.


    Last edited by coto: 06/04/21
 
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