we are seeing the initial panic of scared holders pulling out. Imo cash is even less safe in this kind of war like situation. The banks will use it when they are desperate! The major gold players (EVN, NST, NCM etc) are all starting to get decent momentum. Remember, liquidity is leaving every other sector in a big way, oil and gas, precious metals and maybe defence are exemptions. All that money will start flowing very rapidly down the line, first producers then companies on the verge of production like us and then finally the low cap explorers. We have a wild and bullish year ahead of us imo. If anyone is selling out now, they are doing so at their own risk, once these big funds start de risking and putting large chunks of money into gold and silver as safe havens then we are going to seriously rocket. I see us $1 this year, especially with a lot of newsflow coming for the company relating to our gold and silver assets!
HRZ Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
