Hello Micro, Thank you and best wishes for 2018 to you and all...

Hello Micro,

Thank you and best wishes for 2018 to you and all HOR's patient followers.

I agree the latest HOR quarterly reports, etc have been very underwhelming and unreliable as to what is actually being achieved/done.

Our chairman is very busy on getting EGS on a stable footing but that is no excuse for not doing more with HOR. The company reported that it has a geologist working for it so let's hope we hear something definite from his efforts in the next quarterly report.

The equity markets in H2 2017 have been very good for ASX explorers and project developers raising funds and this should continue into H1 2018. With the copper price where it is HOR could easily execute a CR/EI now to fund more work on its assets if management wants to. The time for weathering the funding drought of the last few years has well passed - there is now a flood of appetite and cash.

Here are some suggestions on what they could be doing in H1 2018 with a very modest CR:
1. Engage someone to undertake more test work on the SMART project.
2. Update the JORC resource with the 2014-2017 drilling results (I think that is a requirement of ASX/JORC anyway).
3. Re-run the Dec 2014 mining study on the new JORC model.

Let's see what management decides to do - as the time for doing nothing is over IMO.