RE: Strong Proactive Investors article24 Nov 2021 16:03
The writeup by Proactive is excellent - quoting from the article -
"......It’s kept up relations with Glencore too, the successor company to Xstrata, from which Horizonte acquired the sizeable northern component of Araguaia. Glencore has known the company and the project all along, and it’s not surprising to see it come in for US$7mln of the new equity. The others on the honour roll represent some of the biggest names in mining investment, and include La Mancha, which famously backs Endeavour Mining amongst other things, and Orion finance, which has its fingers in lots of pies.........."
For me as a small PI - if the wise board of Glencore and other significant miners have faith in HZM and are willing to add equity to the HZM finance proposal - then there has to be some merit to HZM. My gut feeling is that once the dust has settled down and peoples justified disappointment has abated - this share will pick up in the short to medium term - it is a good bet for the longer term.
I am not going to give you any platitudes about doing your own research.................