HRN 0.00% 46.0¢ horizon gold limited

Sleeping Giant?, page-8

  1. 299 Posts.
    Agree this gold miner has potential.

    Assay results due in the 2nd half of May, so any time now, we could be seeing a resource upgrade.

    Current resource at 1.25 million ounces.
    76.5M shares on issue, 26M market cap.
    According to project manager, Tim Mason, 28 new geophysical targets.
    Recent IPO raised $12.5M to further explore these targets.
    Good experienced management and balance sheet.
    Roughly 50/50 free milling vs refractory.

    I think they'll do well.
 
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