Horizon Copper Corp V.HCU

Alternate Symbol(s): HNCUF

Metals & Mining Copper

Horizon Copper Corp. is a Canada-based premier copper company holding non-operating interests in high-grade, low-cost copper assets. The Company holds a portfolio of unparalleled copper assets, including a 30% interest in the copper-gold Hod Maden project, exposure to the Oyu Tolgoi copper mine through a 25% equity ownership in Entree Resources Ltd., and a 1.66% net profit interest in the Antamina copper mine. The Hod Maden Project is located in Artvin Province, northeastern Turkey. It has interests in the Hugo North Extension and Heruga deposits of the Oyu Tolgoi copper mine, located in Mongolia. The Hugo North Extension is a copper-gold porphyry deposit, and Heruga is a copper-gold-molybdenum porphyry deposit. Antamina is an open-pit copper mine located in the Andes Mountain range of Peru, approximately 270 kilometers north of Lima. The Company also plans to actively grow its portfolio of assets, with a focus on copper projects.

TSXV:HCU - Post by User

Horizon Copper Corp > Undervalued

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Comment by lumpy13on Sep 24, 2023 3:13pm

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Post# 35651346

RE:RE:RE:Undervalued

As I've said before, HCU's market cap is less than the value of its holding in ETG. You get the Antamina NPI and Hod Maden hilding for free.

ETG is neotiating its sale to the Oyu Tolgoi consortium and, if I understand correctly, is a deal isn't consummated by next spring, it will go to arbitration. If you don't believe me, ask the company. If I'm wrong, please let me know.

People don't realize it, but the ETG sales price could be a 2-4x.

HCU could see a similar jump in its share price.
Bottom line, HCU is a no brainer. ETG, as well.

I expect to look back at this post and point out how many people blew it.

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