HRZ 4.00% 4.8¢ horizon minerals limited

Went over and had a peek,Rubyjon.A cautionary tale...

  1. 3,171 Posts.
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    Went over and had a peek,Rubyjon.A cautionary tale indeed.However,the 'Marble Bar' mill was ill-sited according to one poster vide 'There is no “hub and spoke” strategy as all the surrounding assets within 500kms do not make money.' On the other hand, the mill that's for sale[still?] but needs upgrading[$4-5million] is well positioned in an established gold and silver producing area not far from HRZ assets.Even as a relatively minor shareholder,I still don't want HRZ to be screwed by FMR,which if there isn't a readily alternative milling option-I have no doubt we will be.

    db
 
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