Found this one good for a weekend read: I like the extra...

Found this one good for a weekend read: I like the extra analysis they added in this is not normal for proactive.
I wholeheartly agree if there is a good response this will enjoy a well deserved rerate.

Cheers


http://www.proactiveinvestors.com.au/companies/news/45759/horseshoe-metals-targets-massive-sulphides-at-horseshoe-lights-45759.html


Analysis
Although its only early days for HOR in the hunt for massive sulphide copper-gold mineralisation at Horseshoe Lights, the key is that the project is within the Narracoota Formation - which hosts Sandfire Resources' DeGrussa copper gold mine.

The highly anticipated results are expected to be available in August, and if there are any indications of massive sulphides then there is the potential for a positive re-rating in the stock from the current $0.05 level.