Horizonte Minerals Share Discussion Threads

[raymund] 15/11/2017 19:28

Thanks Twigs3, makes sense; JM has always kept cards close to his chest re past placings but in retrospect they have all been well judged IMO to maintain the war chest. Should there be a placing now, it can surely only be a small one just to keep plenty of funds in the bank for the time when it comes to negotiate funding for mine construction without being pushed into a corner; anyway, that's the way it appears to me. I wonder whether he would be holding back on trial mining in order to push share price back up when all this is behind us? Certainly, if we do have one, it will give further space in which to continue to accumulate. All pure speculation on my part but either way, I'm pretty relaxed!

[twigs3] 15/11/2017 17:58

Raymund im no expert but considering the increase in volume they do seem to be matching the sells to the buys and holding it above 4p but not letting it run higher, why is the question? Could strow be right about a placing coming? As Strow said it's a pattern that we have seen before over the years.

[raymund] 15/11/2017 17:38

barneycosmo, welcome, good call and time to fill your boots. Yours will have gone through as a 'blue' yet some buys (not many) 'red' earlier; I know for sure that 23,250 (red) at 11:20.20 was a buy (not mine!). I don't pretend to be an expert on these order boards but looks as if our seller just dribbling a few through at present, maybe not to rock the price perhaps and kill golden goose. Any views?

[barneycosmo] 15/11/2017 16:12

Just topped up at 4.2p... holding 400,000 shares... at the same average price

[johncb] 15/11/2017 10:03

A lot of large buys this am Looking positive again here

[soundbuy] 15/11/2017 09:30

So assuming we don't enter production (unlikely IMO....JM's'Inbound traffic')

....post BFS

....Nickel +/-10% current levels,

how many cents per pound of nickel in the ground would see HZM taken out?

[twigs3] 15/11/2017 08:14

Strow is was thinking the same, could it be JM holding back until seller has cleared? As you say crucial bit of news and could have a very positive impact on share price.

[strow] 15/11/2017 08:09

I would like to know when we are going to get the trial mining results-these are pretty crucial and seem to have taken a while to emerge-hopefully not long now

[jailbird] 14/11/2017 14:06

Plotted the 25 MA chart and it has stayed and bounced of this line every time

[mustbefunny] 14/11/2017 12:35

Interested to see who's buying. No notification yet, but the size of some of the transactions in recent weeks suggests not just PI's

[jailbird] 14/11/2017 12:16

One minute ppl are happy to see these shareholders take large positions at 1p or 2p ....now are surprised too see them top slicing It happens all the time, and also provides liquidity when there is high demand I think the most important shareholders are Teck , Glencore and JP Morgan

[salmonn1] 14/11/2017 11:48

Raymund, the impression I got from speaking to JM at the Momentous event was that he was pretty relaxed about the larger shareholders. Re LOAME he said they are a trading company and their HZM share sales were inline with their normal trading pattern. And while he has to wait for the TR1s to see who is selling he can and does contact names at each company on a regular basis. Pleased to see you are still averaging down. I'm down to .0411 now so won't be buying any more.

[raymund] 14/11/2017 11:29

Salmonn1, also listening again, JM mentions Lom Odier in his 'strong group of shareholders' he must be in touch with them and be confident that they will keep a core holding after taking off the froth. On strength of JM's words, have just sold some BT to buy (my last?!!) 110,749 shares but this time at offer .0435p and shown in blue!

[jailbird] 14/11/2017 11:09

SJNot sure you how relevant.. More speculative on your parthttps://www.ft.com/content/1d803686-c48e-11e7-b2bb-322b2cb39656

[amaretto] 14/11/2017 10:57

RSI lowest its been since beginning of August after the recent sell off. Surely a buy signal?

[jailbird] 14/11/2017 10:50

SjCan you elaborate?Will read FT this evening

[steeplejack] 14/11/2017 10:42

Long article in yesterday's FT about Chinese involvement in Brazilian resource projects.

[salmonn1] 14/11/2017 10:35

Had another listen to the Vox interview. Interesting that JM says HZM now has a large scalable resource capacity capable of supporting a second production line. Given the improvement in grade profile, mineral resource, nickel price and capex (circa $200m capex quoted in Shard report)the potential of adding a second RKEF once production is ramped up is another aspect of the project that can add value to the asset.

[raymund] 14/11/2017 09:45

strow, I fully endorse salmonn1's view ahead, sharing your research in the past has many times enabled me to 'keep the faith', please keep posting

[amaretto] 14/11/2017 09:11

Good article GD, hopefully HZM is the classic example of the 'inefficient market' the journalist describes.

[greatfull dead] 14/11/2017 09:02

Well worth reading.

hxxp://citywire.co.uk/wealth-manager/news/what-has-survived-gordon-brown-the-financial-crisis-and-the-brexit-referendum-answer-uk-small-cap/a1068796?re=50557&ea=1075509&utm_source=BulkEmail_WM_Daily_EAM&utm_medium=BulkEmail_WM_Daily_EAM&utm_campaign=BulkEmail_WM_Daily_EAM

GLA,
GD

[jailbird] 14/11/2017 08:08

Blue day today

[greatfull dead] 14/11/2017 08:02

shakester2,

In full agreement with you. HMZ are one of the better ones quality wise. Long term for sure.

ATB,
GD

[shakester2] 14/11/2017 07:28

Stow - keep up the good work, your contribution is genuinely appreciated. I rarely post but have too been a long term holder and find this board in general to be one of the better ones quality wise