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  1. #31
    Senior Member
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    Feb 2004
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    Wellington, , New Zealand.
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    Picked some of these up today .
    Thanks guys for the heads up.
    The only thing that's working for me is a couple of goldies.
    LRV has doubled last two weeks.

  2. #32
    Senior Member
    Join Date
    Aug 2017
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    659

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    Quote Originally Posted by miner View Post
    If read it right we also pick up POS ground which has a Known gold resource .
    Yes you are correct.I went back and had a look the grades are iffy though .78g/t was the best.If they were better I am sure they would have been processing as I believe POS have a gold licence.

  3. #33
    Senior Member
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    Sep 2001
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    Quote Originally Posted by steveb View Post
    Yes you are correct.I went back and had a look the grades are iffy though .78g/t was the best.If they were better I am sure they would have been processing as I believe POS have a gold licence.
    As far as I know the POS gold license is a more resent thing hence they have never looked that hard for gold as not their original game plan, but they do hold some very prospective ground for gold so good for us .

  4. #34

  5. #35
    Senior Member
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    Aug 2017
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    You could pick up some POS shares for .005 on Friday which would equate to conversion price of 4.3 per HRZ share.Of course if the deal does not go through you end up with a load of POS shares that would probably end up ln the bottom draw!

  6. #36
    Senior Member
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    Sep 2001
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    Quote Originally Posted by steveb View Post
    You could pick up some POS shares for .005 on Friday which would equate to conversion price of 4.3 per HRZ share .Of course if the deal does not go through you end up with a load of POS shares that would probably end up ln the bottom draw!
    A catch22 as if you buy POS then some POS holders will say but look our SP is going up more (% wise) than HRZ so why would we take a deal into a lesser gaining SP ?.Buy HRZ and then they admit ? POS is f@cked and has been for ages and finally we have an out with HRZ that is looking to get things happening and also has an SP that is headed north since the merger deal ann ,so we may actually start to make some of our losses back with HRZ .So buying HRZ rather than POS may pay off better as more chance of POS holders saying yes to a deal watching HRZ SP doing well .

  7. #37
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    Aug 2017
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    Some of the POS holders will be sitting there dreaming of a counter offer and a bidding war over the assets,others will be saying it's far too cheap we can't sell at this price.But wow it would be a hard sell to offload most of their assets.I suspect after the moaning and bitching dies down most of the holders will realise the potential.
    But hey that's just my opinion DYOR

  8. #38
    Senior Member
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    Sep 2001
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    I think it's January ? for the yes or no vote, we will be well into digging up gold by then .So say no and hold onto your lemon and dream or at least get some of your loss back on a rising company by voting yes. The greedy in love ones who think they know better will vote no, the business minded ( no emotions ) realists will vote yes .At the end of the day things be it a car house, shares or whatever are only worth what someone is willing to pay for them . So the POS SP tells you what people think it is worth. Time to bite the bullet and move on, nothing anyone in this game for a while hasn't had to do .HRZ will do ok without the deal POS won't ,simple as that .But as always DYOR and don't fall in love with shares including HRZ .

  9. #39
    Primate dartMonkey's Avatar
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    Sep 2007
    Location
    Far North, New Zealand
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    106

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    Grabbed some more. Probably shouldn't have had that nap at lunchtime as I would have got them a bit cheaper.
    The secret of eternal youth is arrested development.
    AAR, AWJ, BC8, HZN, MXR, POL

  10. #40
    Senior Member
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    Aug 2017
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    Yes I just picked some up at .048 seems good compared to POS price of .005 (equates to .043 with strings}

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