Horizonte Minerals Share Discussion Threads

[twigs3] 13/2/2017 10:55

Not going to take much to move this, JB what's level two looking like?

[salmonn1] 12/2/2017 22:21

I bought £30k of Parkmead shares, I think in 2009, a few months later, in December, they were worth £90k, I held on to them till about May and sold for £6k profit. Still not sure what I should have done, probably should have sold £30k worth after they had doubled in value and kept the rest. HZM is only the second miner (Parkmead was the first) I have ever bought. And for the same reason, the calibre of the people running the company.

[strow] 12/2/2017 10:21

Kryso-long time back but would have retired as well-same as African Aura before the split The first I didn't hang on to long enough and the second I didn't sell early enough.Biggest lesson I've learnt over 15 years is if it's a good one in a politically stable area,hang onto it and add on dips

[jailbird] 10/2/2017 22:24

ok chaps..good to talk..good to hear ppl's stories of failures of selling to early.

There is something in holding for the medium term , particulary if the Co is doing the right things

I missed out on FCRm..it 5p over 12 monthgs ago..now 65p..I was watching it but refused to buy when it went to 10p..then it kept going!!

[strow] 10/2/2017 17:10

just pulling your leg jb-glad its ticked up and you were right

[strow] 10/2/2017 16:32

youre the man,richer than ever :-)

[jailbird] 10/2/2017 14:04

Tick upI was right :-)

[strow] 10/2/2017 13:50

Sumitomo was mentioned at one point as offtake (they have changed their name now I think).

[salmonn1] 10/2/2017 10:57

I've just read the Shard Capital note on HZM. I agree with strow, a lot of useful information. Some of it new to me. I was particularly interested to see they think there is potential to increase the Ni grade through further drilling in the GAP area (drilling is planned). Also interestingly the author of the report writes, "We believe that it may cost c.$200m to add in a second RKEF line". A lot less than HZM's estimate.

Taking the gist of the report as a whole I'm encouraged that it begins to make the case for a SS producer to look for a JV or similar as a strategic move to guarantee continuity of Ni supply for the medium/long term. Maybe that's too early but the argument could get stronger if current market trends continue.

[wooster4] 10/2/2017 10:50

Jailbird - i bought into solg in nov 2015 for 1.2 pence and sold shortly after for 1.6 pence - hit 45 pence this morning...doh!! However, can't win them all. There have been plenty i've sold near the top and seen them subsequently plummet. Never dwell on the past.

[jailbird] 10/2/2017 09:55

To be honest , I will be happy if it can stay below 3p until 5th April. I want to add more in new isa tax year

[twigs3] 10/2/2017 09:45

JB I know how you feel, we have been in this share for a long time now! BUT I do feel this will be the year of change, when BFS is done I think we will be at the 10p range. IMO

[twigs3] 10/2/2017 09:40

Strow, I agree with you on that one, I also think it's all smoke and mirrors you beat me to it!

[jailbird] 10/2/2017 09:39

Lol... biggest attribute one must possess is patience But I am running a low tank of it

[strow] 10/2/2017 09:35

contain your greed and envy jb-you will be rich one day :-)

[jailbird] 10/2/2017 09:08

I bought AMC at 20p and sold at 38p.. so made a bit thereYou are Strow... but if I had bought AMC in October instead , I would have retired from working todayAfter this why we invest.. well I do

[wooster4] 10/2/2017 08:56

jailbird, it also spiked to 50p in very short time and immediately came back down - great if you can time it correctly, but can leave with an almost total loss for a long time otherwise.

[jailbird] 10/2/2017 08:51

Oh must mention AMC was 2.5p at October 2016!!, now 15p!!Invested in the f'ing wrong Nickel Co!!!

[jailbird] 10/2/2017 08:46

The market or the BoD does not value the Co as much as AMCSomeone should ask him how does HZM compare with AMC..

[jailbird] 10/2/2017 08:45

StrowImpact of dilution affects market cap in the end , but if you happy with 10p raising at 2p instead of 20p raising at 4p?Is that right as an example ?

[strow] 10/2/2017 08:40

highlights the discount you are getting here then jb,all of that

[jailbird] 10/2/2017 08:29

Also aren't HZM production's target date sooner than AMC's?Not sure on that..

[jailbird] 10/2/2017 08:20

Someone should ask JM, if HZM has one of the largest resource in the world , what does AMC have AMC is the 8th biggest in the world after today's' RNS£100m mkt cap he said end if the year ...hmmmTalks a good game