"I don't profess to know how gold is recovered and I don't know...

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31/07/24

15:16

Post #: 75007097
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Originally posted by Lowkeyinvestor: ↑

I don't profess to know how gold is recovered and I don't know anything about drilling for gold or any other mineral. but I realise that gold grades are important and gold recovery during the process is important, but more importantly I do like many others on here appreciate that to make gold we need to spend money.

We at Horizon have a number of deposits and do not have our own plant and are held captive to those movers and shakers that own a plant like FMR Investments. After we we payback the US$5,000,000 equaling A$10,000,000 (I think) we seriously consider a modular gold plant that can be built on to. These plants could be chinese made or local made We could move it to where we want it (a big job but why not), this would lower haulage.

I would like to see us relieved from the shackles of the likes of FMR and Paddington both of which are going to reap great riches from our mines.

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"I don't profess to know how gold is recovered and I don't know anything about drilling for gold or any other mineral." says Lowkeyinvestor
But you have plenty of advice on how to run a gold company. And despite all your downramping there are significant buys today, so it looks like the comany has some idea of where they are headed. How about some less negativity?

HRZ Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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