I don't think for one second that the present directors of HRZ would not have done their Due Diligence especially in relation to the mill.
Funds will be required. We know that. And these funds will come from the production and sale of Gold. We also know that.
The process of merging is playing out. We also know that.
HRZ is in competent hands and HRZ is in the early stages of emerging as mid-tier producer of Gold at this point.
Very happy to be an investor in HRZ and also very patient because mergers take time to settle. The period when HRZ and GSR merged was an example. HRZ holders had similar issues to XPOS holders. The GSR directorship with regard to lifestyle Directorship and the lack of interest in developing production. X POS holders here had similar problems.
Let these overhanging shares be absorbed and the ship will self-right. Charts indicate support over various periods but clearly the longer term charts are likely to indicate the most likely sentiment, I reckon arguably.
HRZ Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held
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