Good post GeezerI agree with all your excellently made points...

Good post Geezer

I agree with all your excellently made points which Wilson made similarly yesterday.

There is going to be a massive scramble for stock on open tomorrow. As Teefa points out the "free float" was severely reduced on Friday with more than the entire issue on the heads being traded (49M v 45M on issue).

At close there was 2.385M buyers wanting a measly 382K shares on offer which makes this reduced "free float" abundantly clear.

US futures tipped to have a big bounce back on Monday with more good earnings renders the selloff on Friday in the US a non-factor tomorrow imo.

HOR has all the indications she will go absolutely ballistic tomorrow and despite the hilarious attempts by the downrampers to prevent the inevitable gap up tomorrow the reality is nothing can stand in the way of the facts that she is way undervalued at just a miniscule $29M issued cap at Friday's closeing SP of 64.5c. Rationale for my beiief she is headed well above $1 tomorrow and closer to my short term target of $1.75 in the coming days is clear:

- Massively bullish technicals, that has got to be the biggest candle I have ever seen. These scenarios almost always result in a massive gap up the following day, especially when there has been a weekend for press reports/punters to ponder the outstanding story unfolding

- Low number of heads on issue (45M) - this is critical as others have pointed out

- Who wants to miss out on the next potential SFR? The nearology of HOR to SFR is more than coincidence and intital drill results do not get any better for a junior

- Proven credible mgmnt, the lack of any "leaks" prior to Friday's explosion is a clear indication of their ethics.

- the obvious huge interest in the media and on HC not to mention the buy recco by DJC


Time for us to just sit back and look forward to the impending mayhem and desperation to get a slice of the HOR action tomorrow morning punters a la VOR. My feeling the SP action on HOR tomorrow will be even more spectacular than Friday now punters have had a chance to digest what is unfolding here.....as T4P pointed out AVB had another 200% + day soon after the 1st one.

Now.....time to get the beers on ice for the cricket and Oz Open Final. Go Murray :))!