Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Homerun Resources Inc. V.HMR

Alternate Symbol(s):  HMRFF

Homerun Resources Inc. is a Canada-based company. The Company is focused on the development of its business within the critical and energy materials sectors. The Company holds 100% of the Tatooine Silica Project (the Project). The Project covers an area of approximately 3,019 hectares (7,460 acres), located directly adjacent to the community of Brisco, British Columbia (BC) and BC Highway 95, and approximately 65 kilometers southeast of Golden, BC.


TSXV:HMR - Post by User

Comment by lupitapat3on Jan 25, 2024 4:23pm
113 Views
Post# 35845859

RE:RE:RE:Broke 50 cents

RE:RE:RE:Broke 50 centsDear Homerun Shareholders, I am writing this update to provide some comfort to our shareholders who have supported us throughout this short but eventful journey, to date. I wanted to first thank everyone for their tremendous support and second, for hanging in there throughout one of the toughest small cap markets many of us have experienced. As a top performing Company on the TSX Venture Exchange in 2023, Homerun has been the shining star in many portfolios. While our shareholder base is generally retail investors with incredible long-term growth focus, there remains a smaller portion of brokers who have a responsibility to deliver positive growth to their clients and fulfill any requests submitted by said clients. The recent sell off in Homerun’s share price was created by one single client of a broker, l who stated they were selling for “personal financial reasons”. Unfortunately, when one sizeable shareholder hits all the bids in such an aggressive manner, it almost always induces additional selling from other short-term shareholders. Please understand, this is a force that is completely out of the Company’s control and being able to absorb that amount of selling in such a short amount of time in a very difficult market, is nothing short of incredible. I want to dispel the ongoing rumors that this sell off was created by the $0.20 warrant holders. That could not be further from the truth as the current warrant holders have been a significant portion of the buying in the $0.70’s and $0.80’s. I want you all to be aware that some warrants have been exercised for cash and via private dispositions to inject cash into the treasury without placing further pressure on the open market. I encourage you to zoom out and look at the bigger picture of the Homerun story. We are quite literally building a monster company with overwhelming support from government, while working to meet the rising global demand for HPQ Silica which is a scarce and valuable commodity. If you are invested in this story to see it through to and beyond revenue generation and scaled growth potential, you should not let the recent drop in the share price interfere with your long-term vision.
<< Previous
Bullboard Posts
Next >>