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 > Just bought in

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Comment by lumpy13on Sep 26, 2024 1:23pm

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Post# 36242586

RE:Just bought in

Smart move! I've been in HCU since it was created, participating in the initial and second PPs.

Not sure why - besides the fact that it's thinly traded - that it's off the radar of virtually everyone. Has 25% of ETG as well as an interest in Hod Maden and an NPI in Antiminas. Yes, it owes SSL almost $200m for its HM and Antiminas holdings, but there should be significant long term value, especially in HM.

I increased my HCU position today.

If ETG gets acquired by RIO/OTLLC, it should be at a signifcant premium. Unless I'm missing something, HCU is trading at a 25% discount to the market value of its holding in ETG!

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