RE:RE:RE:RE:RE:Buy HCU at 25% discount to ETG Sandstorm streaming deal with Entree included a private placement.
Under that deal, Sandstorm was required to vote its 25% stake in Entree with Entree MGMT.
Nolan "sold" Sandstorms ETG shares to what would became Horizon Copper for a note payable I think it was ($80MM) [I can't recall]
Now Horizon can vote its shares they way it wants which might be different than that of ETG MGMT.
Sandstorm insiders loaded up on free Horizon shares.
This is huge win for retail shareholders as we can let Horizon battle it out with Rio/Mongolia when it comes time for buy out offer.
ETG and Rio (through OTLLC) ended a binding arbitration process recently.
This might be another reason why the stock is running up.
If someone or a group got wind of the arbitration decision...