tax loss selling

Grabbed some HOR @17c/share today. Must be around the bottom as the placement price was approximately 75% higher.

Drilling results to date are very promising and the drilling activity should provide a steady news flow from July onwards. Only three more days of tax loss selling and HOR should turn around quickly.

HOR hit 23c/ share yesterday so there are some significant fluctuations in the sp which means we could see 30c/share+ pretty quickly. Pretty unfortunate to release these results prior to the end of the tax season.

There are hardly any sellers in the queue so let's hope we saw the last couple of desperate sellers today.

Wilson and Co,
what are your price targets for HOR and how quickly could HOR get into production once a viable JORC is established?

Thanks and good luck.