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Nice comment- let's stop the dreaming. Coy's strategy lacks...

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JamesExpat2

682 Posts.

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24/01/19

13:06

Post #: 37211739
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Originally posted by HotRods65 ↑

I think JP and team(including MRP) have a plan and are currently implementing it.

"The proposed merger provides Horizon Minerals with a clear pathway to a standalone gold operation."

"The “transformational” merger, subject to shareholder and court approval, will see the new entity kickstart its life with a combined estimated mineral resource of 1.15 million ounces of gold, comprised of large-scale baseload feed and higher-grade satellite open cut sources over 1100 square kilometres of the Kalgoorlie-Boulder district."

"A clear pathway", a bit slow atm but imo that is because the ground work is being put in place to transform the new Horizon Minerals into a profitable mid-tier producer. I'm thinking there is 100% chance plans for a mill are happening. Neither companies have the resources alone to justify a large scale development but combined they do. Combine that with proven skills to deliver as shown with Teal I'm thinking the next 12 month could potentially be quite exciting.

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Nice comment- let's stop the dreaming.
Coy's strategy lacks credibility with the market.
(Last sales 11.5 cents(incl.1 x 100,000).
Next stop-disbandment of the MRP idea ?

IRC Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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