EXPM:HRTFF - Post by User
Post by
TMG12FORWRDon Jul 04, 2019 3:45pm
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Post# 29887532
NR....
NR....Just my concluding and forward thought with regards:
If you make a million and it costs you a million for whatever reason/s then there is no profit.
We have been living with all kinds of positive news releases and the SP leaves most here in wonderment.
From the recent news, which is all positive, I see no mention of profit nor timing for. They show they are pouring more gold and at the same time state that it will be used paying for south extension stope/shaft development. And, there is the debt factor; easier terms to pay, but pay you must. Also, I did not, probably missed it, find much mention of exploration/discovery. Suggests that even with more gold output it is not sufficient for all needs. Correct me if I have missed anything on that.
Conclusion, no idea as to what or when the SP may rise. Could be considerable limbo going forward, which is par for HRT's SP.
From the above you can see that I do not rely on minute changes of SP at the end of the day or the concept of market players beating down any upward SP at end of the day nor the statistics oft given for. HRT has its own fundamentals which will determine success/limbo/failure. It is/has been growing and developing being successful from step to step. IMO, its success will rely on PROFIT. I hope exploration and discovery can be funded at some ongoing rate as they IMO need more proven up gold which would go a long way towards PROFIT or indicative of.