It is crazy what is taking place in the gold space! Red days constantly on good news, yet the gold price is accelerating, and profits are exploding higher as todays announcement proves. HRZ is not the only one struggling, one of my other junior miners AWJ is also going nowhere on good news. Clearly the institutions are not yet swarming to gold. Very strange indeed! There are a lot of industries out there in struggle street and hemorrhaging money and many stocks posting substantial losses which are still getting more green days than the junior-mid cap gold sector. It says to me that these institutions are in the final stages of trying to save their investments within other sectors. Once they have given up or rallied into a corner, they will be forced into gold and that is when the big moves play out imo!
HRZ Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
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