You look back at the late 90s and gold mines were being closed down for good reason $450-$500 per ounce, simply not profitable. Today we are at record gold levels, selling gold bars, having a raise at 4.3c which is a disgrace and still not profitable.
If management can’t turn this old chestnut around over the next 12 months with record prices it never will .
HRZ Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
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