EXPM:HRTFF - Post by User
Post by
TMG12FORWRDon May 02, 2019 1:46pm
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Post# 29701999
"Its the stock market"
"Its the stock market"I agree. Especially it is commodities with Comex gold -$12.80 and West Texas Intermediate oil -$2.25. Despite the U.S.A. rising economy, the Fed decided not to raise rates again. Cheap money will continue to fuel the economy and many are very leery of possible rapid inflation rise. There is even talk of the U.S.A. going into recession before the end of the year.
At this point in time, today the markets are generally negative but none to extreme. The turn down of gold has been as often as not,i.e., has had a hard time moving in on $1300, so static or dropping more than upturn. There are a lot of investors making moves to preserve capital and wait to a better day hopefully with lower prices. This suggests market fatigue.
I don't see HRT's drop in SP as much more than as indicated above.
I give little credence to the "shakedown"/"takedown". It may play a part from time to time. I don't know how one can definitively show it is in fact "in play". It adds to the atmosphere of unreasonable fear. I don't pay attention much to all the ins and outs, and, ifs ,buts and possiblies expressed on that topic.
The fact is IMO, HRT needs to come up with more gold. Afterall it has poured $millions and millions into a total mining complex not just a mine. The sooner a move to maximum gold pouring staus may shore up the SP. The May expectations are unfolding.
I shudder to think if the promised May news is not SP moving to the + somewhat.
Just my thoughts,IMO.