The interesting comments from HRZ shareholders is that this mine is worth this much and that asset is with that much and one mill alone would cover our MC etc. And I totally get that! But it doesn't always work out that way unfortunately. POS had 2 Concentrators, several upgraded mines, 180k oz of gold tailings, 422kt nickel reserve, airstrips, on-site accommodation and no debt. No debt! And our MC was a miserable $0.003. Granted we weren't producing but you'd surely think assets alone would be worth something substantial. I think now that having merged POS assets with a producing HRZ, we are entering a perfect storm and the value of those assets are going to be realised and this company is going to take off! All imho.
HRZ Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
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