The Fed is forecast to cut rates in 2024 3 to 5 times from what I’ve read.
Most of us have been in the stock for 12 months plus. Another 12 months won’t do me any harm waiting…. Get the CGT discount for the million shares I bought recently between 0.02 and 0.03.
I am happy to wait for the fed cut.
There is some difference with this news announcement as the 6 million volume seems the highest it’s been in 3 years.
I am quietly optimistic the wheel has turned and those that wait will be rewarded.
Horizon’s feasibility report is due by March 31 too. Surely Horizon will be looking to acquire more ounces in close proximity to a new processing facility
Alto, Horizon and Gateway all are neighbours, with Horizon already having a stake in Alto. The market cap of Alto and Gateway makes them potential ideal targets for Horizon to expand to some 3000 sq km of tenements with one processing facility.
The gold price rallying of course will help.
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