HRZ 8.00% 4.6¢ horizon minerals limited

Neither am I Katy, I have been averaging down significantly...

  1. 11,028 Posts.
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    Neither am I Katy, I have been averaging down significantly during the past year. I now have an average around 6c, whereas 3 years ago I had a 12c average.
    After all the patience and frustration during the bad times of the past couple of years in which management lost the plot completely, there is no way I will accept a cheap takeover offer, even if it’s around 12c. If the market valued our assets around 12-13c range a few years ago at much lower precious metals prices then imagine what they are worth now.
    Unfortunately the market is currently valuing us on management performance and their recent poor decisions (which were horrible). However, the moment the market starts to see improvements and actual movement towards production (instead of just plans and broken promises) then the reversal will take place. Because confidence in the company and a definite path towards making money off our advanced gold and silver projects will then be clear to see.
    Last edited by coto: 02/01/24
 
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