Ann: RC Drilling Commences at Main Zone, Motters and North Dump, page-65

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TheHotPotato22

322 Posts.

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28/03/23

12:43

Post #: 66996460
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Originally posted by Morebulllessbear: ↑

This is a stock I have held for many years. I am way up and happy to wait till production happens. There is so much upside on the resource and it has been frustrating to say the least that it is not up in the tens of cents where it should be. The main holders have averages up there so it will not be sold down by them. The history of the share is that it has been very tightly held, so the movement we are seeing now is by small players ad weak hands, maybe even some manipulation from some previously disgruntled. Here are some thoughts, to start a mine we need to move the waste that is on top of the resource, now why would they be drilling and testing the dumps? Because they will need to move and the fact is the dumps contain more than enough resource to fund the setting up of production onsite. It is only a matter of time before a deal is struck with someone to process the dumps either onsite or down the road. There is more resource to be discovered, yet already 1.4 billion worth is detailed. So this stock having an SP in the 2 cents region is an absolute joke. Watch this space even Morningstar says it should be 5 cents no wait now it says 4 cents. LOL.

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Fundamentals are good. Not much has changed. People will wake up when it’s too late. Some of us have arranged around the 2c/under mark so happy to hold. This will fly. Period. Let time do the talking. Money will flood back into the asx eventually and sentiments will improve. Game on.

HOR Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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