Post by
lumpy13 on Mar 26, 2024 12:58pm
Window of opportunity
HCU's market cap is a 20% discount to the value of its 25% holding in ETG. And ETG is either negotiating or entering arbitration to sell its interests in Mongolia to RT/OTLLC. A sale, which would be easiest for all parties, coud be a multi-x return for ETG. In addition, HCU holds a 30% interest in Hod Maden and a NPU in Antaminas. In both cases, they have sold gold or silver streams to SAND.
I've been in HCU a couple of years and started building a position in ETG. Would love to do more, but tapped out.
For new investors, this could be a tremendous return. Take a bite, sit back and wait (and probAbly not too long), before seeing nice appreciation. There are risks, but I see limited downside.