Horizonte Minerals Share Discussion Threads

[craigieboy1] 18/6/2018 11:13

Could be a long summer waiting for some solid news that could underpin a fresh marketing campaign if this selling persists. Even with large buyers last week the pressure comes on with just a few additional sells and no moves upwards on the buys.

[jailbird] 18/6/2018 10:13

L2 is good ..4 v1

NUMS has dropped on the bid...looks like it has no large client buyers either

[jailbird] 18/6/2018 10:10

this is still falling.....last time this never moved as expected..FS was pushed back

[backwoodsman] 17/6/2018 12:20

Been here for a while (10 years nearly) but haven't given cobalt much thought. Interesting article in the ST today about Glencore's strategic interest v China's potential cornering of the market

[craigieboy1] 17/6/2018 12:05

Yeo, it's going to be a mega trend, at some point Nickel price should reflect short supply against sharply rising demand. This normally equals a very steep price increase for any commodity.

[twigs3] 15/6/2018 16:04

agree JB, makes sense let’s hope they do stop on FS or before

[jailbird] 15/6/2018 15:25

Does cross one's mind Market looks forward normally But I have seen this before , a large seller wants out and has to finish before expected news.buyers are buying as BFS is due , it is one of the times the seller can offload without crashing the share price but at the same time keeps it stable Just wish we knew who the seller was as one could work out the amount being sold

[charles clore] 15/6/2018 15:09

It's always satisfying whaen you can say 'I moved the market with that trade'. Craig, on any other day but today that million buy probably would have made a difference. It seems to me very strange the way this is behaving lately. The price ran up to 5p and has retraced to where we are now. With the BFS just weeks away I sometimes wonder to myself if the market has already factored that in and we are going to stay here at this level even when the figures are released. Anyway, let's hope it changes soon, have a good weekend.

[twigs3] 15/6/2018 14:54

no price movement so i suspect there’s a huge sell order being worked.

[craigieboy1] 15/6/2018 14:33

It will one day though! I hope so anyway!

[coldspring] 15/6/2018 14:28

I can see the buys now too craig. MMs must have loads of stock as the price hasnt budged.

[craigieboy1] 15/6/2018 13:46

Yep, playing the same challenge game of patience!

[coldspring] 15/6/2018 12:58

1 million shares? Well played sir

[craigieboy1] 15/6/2018 12:12

Another leap of faith chaps. Took another 2 x 500k at the expense of some ITV shares.
Not a jot of movement in the price. Unreal!

[coldspring] 15/6/2018 12:08

Just reading the last few posts on here, a lot are mighty frustrated along with myself. Patience is proving the most difficult skill to master for me. GLA

[craigieboy1] 15/6/2018 10:33

100% agree. Just wish there was some solid evidence to back the theory. But that's not the way of the market.

[wooster4] 15/6/2018 10:04

I still buy into the theory that this is being controlled by an existing holder in order for them to make low ball bid after FC.

[jailbird] 15/6/2018 09:34

Numis on boardWhy can he not find a client buyer to rid of the selling stock

[maverick247] 15/6/2018 09:22

I took two lots last week at 4.30 and 4.40 around 250k as i simply see this in the 120-150 cap range on FS minimum Thats my view then add the vermelho pea etc and could see a further uplift

[maverick247] 15/6/2018 09:19

Agree and we have. This should be in the 8-10p level now so close to FSIt is crazy but nothing can be done until seller is off the book going by volume since it started there cant be much left to go ?When bigger buyers step in in FS will resolve and correct anyhow imo

[twigs3] 15/6/2018 08:36

must be another large sell order in, last few sessions have been almost all buys yet you can buy under mid price! when it stops we will move quick but we have been saying that for months :-(