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Bullboard - Stock Discussion Forum 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... see more

TSXV:HMR - Post Discussion

Homerun Resources Inc. > Broke 50 cents
View:
Post by rusty777 on Jan 18, 2024 10:14am

Broke 50 cents

I see we are now below 50 cents - will be interesting if we break 49 cents - my guess is that the shorts and the insiders who are probably dumping their share while excersising their warrents are all making a killing while te rest of us flounder

GLTA

Rusty
Comment by lupitapat3 on Jan 21, 2024 10:11am
Nope, it is not the shorts and insiders who have been dumping for a month. It was a legacy shareholder from the previous iteration of the company who had a lot of shares. He is out of shares now, the bottom  is in and there should be a news flow starting by month's end.
Comment by timeoutofmind on Jan 24, 2024 3:30pm
then how do you explain the hemoraghing goin on today ? 
Comment by rusty777 on Jan 24, 2024 4:35pm
I wish I could believe that.....but whoever it is...they are still dumping so either they have more shares than folks thought or more sellers have come into the market - whatever it is  - the bids just keep getting hit day after day.  The bid is now under 48 cents and I don't see anything stopping this from heading sub-40. I do feel sorry for those poor schmucks who thought they ...more  
Comment by lupitapat3 on Jan 25, 2024 4:23pm
Dear 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 ...more  
Comment by lupitapat3 on Jan 25, 2024 4:24pm
Where HMR Is At: 1. Homerun has a deep rooted and mutually beneficial relationship with government and government organizations in Brazil, which are focused on incorporating assets and infrastructure into the business and in parallel there are ongoing discussions with multiple private and development banks to finance these business initiatives. While the team is working hard at driving the full ...more  
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