EXPM:HRTFF - Post by User
Post by
wawaonton Nov 13, 2020 9:32am
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Post# 31894197
Q3 Results and Webcast
Q3 Results and WebcastIf price of gold stays in the 1800-2000 range and they acheive their operational goals for 2021, I believe there is a light at the end of the tunnel.
There is a lot of risk here as the margin for error is so small but in my opinion the share price accurately reflects this risk. There is a a low chance that the share price stays in the 0.13-0.15 range for the next year, but even if you assign a probability of failure at 50%, the other 50% contains the many scenarios where the share price increasing at multiples of 2-5 times.
Overall, this stock has been very frustrating and in the short-run it won't be for anyone looking for a safe investment. I personally wish that I didn't put so much of my portfolio into this company (avg. purchase price at about 0.14) over the past 2 years. However, I believe the share price is currently below true value as the possible rewards outweigh the risks and I'll just keep riding this out through 2021.
Good luck to anyone else like me that is going to stick with the company (for better or worse).