Member Info for Chazzy2

What a great way to end the year, 4% up on the last day. 2015 should be an exciting year for HZM.

Let's hope 2015 is a good one for HZM.

Come on Jeremy, we can really do with an update. Anyone else posting on this board? It's a bit like the Marie Celeste.

I've lost out on some of the small cap oil companies like NCT and NTOG. Calling the bottom can be really difficult sometimes but looking back now I know I bought even before they were good value. Big mistake but I've learnt an important lesson. Yes I am invested in AFPO. It does look really promising. Let's hope we get the drill assay results soon. I really hope it will be snapped up without too many more drill holes but I suspect any buyer will want more confirmation. Good assay results from first two holes should definitely shift the sp though. As for Tyra, will wait on the sidelines for now.

There is certainly no fundamental reason. It's just the nature of AIM I would say. I've seen this happen so many times with AIM companies. I think many people who invest in AIM are impatient speculators rather than value investors, and when the sp doesn't rise within a few months they lose faith, sell and move on to somewhere else. All the more reason to hold on I believe. Remember the broker Finncap has a price target of 44p for this company. We know that it's currently trading at around half a cent per pound of Ni in the ground and post BFS it should trade at 8-15 cents per pound (possibly a year away!) so its a screaming buy in my books! Yes it may drift further south but the upside is considerably more than any possible downside. Also don't forget is has institutional backing of Teck and Henderson.

I know how exactly how you feel. Numerous times I too have lost money on a falling knife, particualrly on AIM. Somehow when you're investing on AIM the normal rules which you'd apply to prudent investing such as setting a stop-loss don't seem to apply. Quite often I've been lured into buying an AIM company fairly soon after floating thinking that a rise a fairly imminent, only to discover that there is no significant newsflow for months, in which time the sp drifts lower and lower. AIM is a real game of pyschology and test of nerve. But as you say, if you do your research on a company and you think the sp is a bargain price, it's worth buying even if you take a temporary hit on the price until the true value is established. My general thoughts when it comes to investing on AIM are, closely follow the ones which have the potential to 5 or 10 bag minimum within 2-3 years. That way your reward to risk ratio is high enough to justify the extra risk you're taking. It's a strategy which certainly wouldn't suit everyone and I would always recommend thorough research before taking the plunge. The ones I feel have that potential are SULA, AFPO, REM, HZM, PLE, AEX, to name just a few.

Looking at the sp chart it did seem as if a strong line of support was at the 5p level but since it has fallen below that it could well drop to the 2-3p level so I won't be buying until then. I'll take a chance that it doesn't go up in the mean time. I've learnt too many times not to try to catch a falling knife with AIM companies. You can never know exactly where the bottom lies of course but I'd rather miss an opportunity than buy too soon and end up 50% down. The trick I've learned with AIM is not so much knowing when to sell but when to buy, and if the price is on the decline the chances are it will continue to drop.

I've been watching TYR for a while now and have to agree it's had very few posts. Clearly very under the radar still, but then again so was FITB until a few weeks ago, and then suddenly blast off! I'm not suggesting TYR will do anything similar and don't currently have shares in TYR but it's one to watch. For an AIM company to be actually producing several products which are being sold worldwide, with sales growing is quite a feat in itself. I suspect the sp will drift further south until there is a quite an upbeat RNS but the figures are starting to look attractive with $4m revenue forecast for 2014 and a current market cap of £7m. If it can continue to grow its revenues and become profit making I think there could be a decent rerating of the sp. Definitely one to watch.

I haven't really looked into Amur so I can't speak for them but it appears that they are still a way off producing so shouldn't have any bearing on HZM. The recent drop in the sp is disappointing but the fundamentals of the company remain unchanged. HZM is still hugely undervalued (must be valued at about half a cent per pound of nickel in the ground). 2015 should be transformational for the company. There should be a lot of newsflow. Feasibility study commencement, environmental permitting, drilling program updates, pilot plant and financing deals should all act as catalysts for rerates of the sp. I like to remind myself of why I'm invested by listening to this Mininghaven interview every so often. http://www.miningmaven.com/companies/aim-mining/horizonte-minerals/horizonte-minerals-update-interview-with-ceo-jeremy-martin3-20140908411/

I'm inclined to agree that a lack of news flow doesn't necessarily imply there is nothing going on behind the scenes. It is Brad's style to post infrequently, and as frustrating as it is, I feel it will be worth the wait. Large acreage of low cost drilling oil, ' a huge runway ahead of us' to quote Brad himself. Let's wait until the RNS - we can always review our thoughts then. Last year drilling plans weren't announced until early Dec, so it could follow the same pattern this year.

http://www.infomine.com/investment/metal-prices/nickel/

We've got to be close to an RNS now. The odds are it will be a good one as I'm sure Brad has something up his sleeve, either further drilling plans or a tie up/sale of the business. He's a shrewd businessman I feel, even if his communication skills leave a lot to be desired. You've waited this long, surely it's worth waiting a few more days until the RNS.

Although the RNS doesn't really state anything we don't know already, since HZM isn't producing yet, the sp movement is very encouraging and suggests the company is appearing more on the radar. If the sp can move this much from a results RNS which was pretty much as expected imagine the effect a very positive update will have. Still a bargain price.

Yes, Jeremy Martin does come across very well when interviewed. I think the recent fall in share price is down to poor sentiment towards commodity shares at the moment, and possibly the fact that Ni prices have been falling lately. He seems confident that Ni prices will pick up again next year though just in time for when the feasibility study should be nearing completion. I'm just amazed at how beneath the radar HZM is at present at how few posts it is receiving. As you say this could be a 15 bagger in the not too distant future. I'm going to continue to drip feed in at these crazy prices.

http://www.youtube.com/watch?v=wFwXKON7nxo

http://online.wsj.com/articles/repsol-profit-rises-on-refining-lower-debt-costs-1415268879 Don't know whether this one has already been posted but if not it's worth a look at. Repsol are definitely on the trail sniffing out north American oilies.

HZM is presenting at the Shares Investor Evening on 5th Nov in London.

I expect we will get a production update this week. In 2013 the September interim results were followed by an update on 29th October so it could follow a similar pattern this year.

I can only imagine it's because the Ni price has been dropping lately. The fundamentals of HZM haven't changed and the Ni price should eventually increase as there is likely to be a Ni shortfall in 2015 with the Indonesian ban still in place.

Are you sure about the 8% yield? I thought it was about 5% currently.