HRZ will see champagne once the larger / safer miners are...

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crazybottle

18 Posts.

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20/05/21

16:01

Post #: 53309689
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Originally posted by Voytek: ↑

Claus, as an evening entertainment with a big glass of red... certainly not advice I will share some relevant facts in general:
1/ The HRZ story is too long to dwell on it ... IMHO if well informed Germans (and few other old Gold culture) investors see the value here topping up at $0.12 lately... who am I to argue?

2/ The market forces today are chasing not only instant gratification/day trading, computer trading, ETFs, BNPL, bitcoins and many other "innovations",
which I don't understand and since beginning of my investment life I am only and exclusively buying undervalued Gold and commodities on ASX...
and only active in OZ (or if it is a smashing value in PNG) as there is enough risk in the exploration/development business not to bother about exotic countries...

3/ If not for Commodities and Gold we would be already another "banana republic" as all the industries were exported to cheap labor globalists (who are now blaming the major world producer for "stealing their jobs" ...

4/ without support of government for gold industry (Australia holds nothing compering to others) and with so many companies on ASX with relatively small population it is difficult to gain investors attention but it will come sooner or later and a few examples:

5/ DEG... after 17 years of exploration having already 1.7 mln oz confirmed they hit several gold mineralizations in Mallina (next to HEMI) in July 2019, but most holders and investors were not interested so when they had 2 CR's @$0.05 and $0.045 in Nov 19, to confirm the discovery... all hell broke loose as CR was at 40% discount... and the stock was sold down to $0.038... I was scooping the shares by millions... The market only woke up in late January 2020 and within few months the shares went up to $1.6 and the next $100 M CR was oversubscribed at 16 % discount ... but many holders were still not happy... I was happy despite the fact that I just paid $300K ta on investment gain...

6/ This year I am going to pay much more as I have had few other shares holdings ...noticed by the market...

7/ HRZ is not the only undervalued Gold stock CV $71 m ... IMHO some others I hold are also undervalued eg KSN have 3.6 mln oz of gold and lots of silver in brown field project CV $65 m, BDC with 3 m oz @$125 m, VAN @$67M, etc etc...

8/ Often the stock becomes "Cheap" when subject to T/O... otherwise no interest ... WHY???
Good Night & GLTAH

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HRZ will see champagne once the larger / safer miners are overvalued, then PILES of cash will come our way when the bull market is really going, they'll be looking for undervalued small caps. Don't get me wrong, we'll still see decent share price appreciation during the next bull phase, multiplied by any positive news the company releases, but the champagne glasses at the bottom will see much high share price multiples.

Example only:

HRZ Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
5 Upvote

1 Great analysis

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