EXPM:HRTFF - Post by User
Post by
Goldon45on Apr 22, 2020 4:00pm
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Post# 30941212
Junior mining.
Junior mining.Is high speculative, inherently risky, prone to unforseen issues, permitting issues, operational issues, finance issues etc.
Many of you have come here with very high expections bordering on performance demands.
That isn't how junior mining works. Yes, last year was very disappointing but the previous 8-9 were all years of steady slogging and progress. All the things that are common in an underfinanced project in junior mining.
If your expectations are for safe returns, you are invested in the wrong business. I have averaged 1 success to 5 failures in my junior gold plays since 1980. I have been fortunate in that those 1's have outweighed the 5's.
I am confident HRT will become a success story, but it is speculative nonetheless.
Yes, hold managements toes to the fire. Hopefully they have learned from previous errors and hopefully they turn things around this year.
I won't be sitting at a keyboard whining on a daily basis about it and neither should you.