Without a signed deal and start date for toll milling the ever increasing gold price won't help HRZ. The company needs a number of toll milling agreements one after the other not 3-6 months apart.
Unless the gold price is around these levels or higher in the next few years HRZ's share price will struggle. Investors will be looking elsewhere.
Anyone buying in around the current share price may make money but it's a slow long road back for existing shareholders who bought in around 12-13c.
Yes a very sad situation.
Hot Gos on Gold, page-14
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