HRZ 0.00% 3.5¢ horizon minerals limited

Ann: Paddington Ore Sale Extension to Satisfy CP's, page-26

  1. 11,430 Posts.
    lightbulb Created with Sketch. 4705
    Yes not a good start from this merger, the clownshow continues by the look of things. Explains why buyers are yet to stand up when the gold price is about to hit $2400usd again, and near new records for aud gold too. A merged company, with fresh beginnings, plenty of promised deadlines within 2024 should be met with optimism and a buying spree in this gold market. Especially when you are priced as an explorer and not a near term producer.

    Unfortunately, the market still doesn't have that confidence and is worried that nothing has changed, that lifestyle management will continue their merry ways. Until we see evidence otherwise, then the share price will fail to break out. Management buying on market would be a good start to get that confidence returning. Why haven't they at these lows?!

    Anyway, if things continue as they are in the next 3 months, the market will be deciding where they should go, and it will not be with this company IMO! Also, we can push them out even sooner, hopefully news on that front soon...
    Last edited by coto: 11/07/24
 
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