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Entree Resources Ltd ERLFF


Primary Symbol: T.ETG

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. The Oyu Tolgoi project comprises two separate land holdings: the Entree/Oyu Tolgoi JV Property, which is a partnership between Entree and OTLLC, and the Oyu Tolgoi mining license, which is held by OTLLC. The Entree/Oyu Tolgoi JV Property comprises the eastern portion of the Shivee Tolgoi mining license and all the Javhlant mining license. The Company has a 56.53% interest in the Blue Rose Joint Venture. The Company has an interest in acquiring a 0.5% net smelter return royalty on the Canariaco copper project in Northern Peru.


TSX:ETG - Post by User

Comment by Countrygenton Apr 12, 2024 5:31pm
98 Views
Post# 35986759

RE:RE:RE:ETG cancelled meeting. What is up ?

RE:RE:RE:ETG cancelled meeting. What is up ?

The TRQ side deal was disclosed by TRQ.  Any material aspect of a transaction affecting ETG would have to be disclosed by ETG itself in any event if they were aware of it.  

But it is quite possible under cover of a confidentiality agreement HCU could be tied into a lock-up of their shareholdings to support a takeover bid or arrangement to acquire ETG's shares.  Happens all the time.

But we could be watching a big nothingburger here.  No honest way of knowing until it happens if any deal can be swung.  But the timing of this cancellation sure is curious!

fmcdh ... or fair value.

cg

 

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