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10:13
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Originally posted by coto:
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Yes, or just hold long and wait until the real production kicks into gear in 2026 and beyond. It’s all well and good trading if you know how to read charts etc, however that’s half the reason why the share price has not re rate as fast as we expect. It is not just shorters putting in the sell orders, obviously traders are playing games too, adding to the restriction on moving higher. I hold a few other well performing gold stocks - NST, EVN, PDI etc. Obviously it is tempting to sell and try to get in cheaper but that doesn’t normally happen in this kind of generational gold bull market. I am glad i have held strong for all of them because they have gone from strength to strength. If I sold I would have missed the real gains on paper. It is a big risk to trade, even if the chart seems to be showing a pattern to change, because you just don’t know what positive news management could drop the day after. It is a lot safer in this gold market to hold long imo. Obviously right now, HRZ has been an exemption in this gold market and there have been a few opportunities to trade, however that will not last forever and eventually we will start to re rate higher in line with 99% of our gold peers. As I have said a few times, the spring has really tightened up now and it could explode at any moment. A lot of catching up to do.
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Flagging to 10c.... Should be there already TBH.
