HOR 0.00% 1.0¢ horseshoe metals limited

Ann: Strategic Review of Horseshoe Lights Copper-Gold Project, page-43

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  1. 3,361 Posts.
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    I truly believe something is only worth what someone is willing to sell for and what someone is willing to buy for.

    I am willing to sell for 81cents. With rough maths, the MC would be 128 mill.

    With more than a billion in and on the ground of Copper, Gold and Silver that is known.

    So the company or companies that offer say 130 mill in some shape or form would be buying HOR at 12-15% of its known resource value.

    I don't know about you but that sounds like a good deal.

    OK, so it costs to take it out of the ground and transport it to a processing plant. Well, maybe 30% max lost there.

    @nabinpaudel Anything is possible.

    'IF' a company had a processing set up and were running out of resource I am sure HOR would look very very attractive, especially if it was reasonably close by. Personally, I always thought the SMART program could have funded the set up of on-site processing or transport to somewhere else.

    Time will tell and somehow I now don't think it will be long. There are a lot of people watching these posts and not making comments.

    GLTAH
 
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