Australian gold stocks are generally performing well today.The Global X Physical Gold (ASX: GOLD) share price is currently at $49.92, a 6.67% increase from its closing price seven days ago.The gold price itself is also experiencing a strong run, hitting new all-time highs.
I've been out most of the day but to be honest,I suspected some thing like this would happen. But not to the extent it has.
This stock is under attack.
It is,in my considered view, pointless speculating what our share price is going to be, or should be-come this date or that. It's not going to be allowed to move in any realistic way, until those entities involved in manipulating the stock are revealed for who they are. Or they achieve their objective.
It is paralleling the same technique used on MMA
Funny that.A highly prospective gold stock and a highly prospective silver stock, both copping the same treatment.
Now,there may be some genuine profit taking involved and, in a tightly held stock, which HRZ,is, its effect may be magnified somewhat.But
not to this extent.
Fb mentioned sellers and floggers. All a manipulator has to do is type in a figure on a keyboard as a 'sell' which would be enough in a tightly held stock to send the s.p tumbling and then put in genuine buys, to [a] make a profit later on and cover the 'short'. Nothing tangible is involved.
Its a complete confabulation using the legality of 'shorting' as a blind.
Note the buys lining up at the low 6's and down to the mid 5's. Will the s.p be pushed down that far?
We have gold being milled and delivered to the Perth mint and sold at prices which would've been considered wishful thinking a year ago.We have appreciating assets,lowering costs,money going into the bank,yet here we are finishing the day at-what? .061-062cps?
I would urge the Board to take remedial action under section 672A of the Corporations Act[cmwlth] 2001, immediately.
dbHe
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HRZ
horizon minerals limited
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5.1¢

Pre-take over tactics?
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Last
5.1¢ |
Change
-0.004(7.27%) |
Mkt cap ! $125.7M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.1¢ | $366.9K | 7.012M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1426330 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 278938 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1426330 | 0.051 |
18 | 860376 | 0.050 |
5 | 639024 | 0.049 |
7 | 336125 | 0.048 |
4 | 871210 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 278938 | 4 |
0.054 | 1150747 | 4 |
0.055 | 1798868 | 8 |
0.056 | 1850000 | 4 |
0.057 | 1002805 | 5 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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Ronald Miller, Non-Executive Director
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