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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

Post by thasison Apr 12, 2024 5:51pm
167 Views
Post# 35986788

ETG/HCU vote designation has changed

ETG/HCU vote designation has changedI have had it confirmed by one of my partners that Horizon Copper a 25 % stake holder of Entree is no longer compelled to vote as instructed by Entree.( This was a requirement of the original Sandstorm deal) To me this is very good news. The CEO of Entree although bound with certain duties to shareholders has a previous lenghty career with Rio Tinto which raised red flags for me when the final deal was/is struck. Horizon Copper having a 25% vote now has complete independence and therefore is truly looking out for the best outcome as a shareholder. Long term holders especially you Country Gent should hopefully be soon seeing a conclusion to this long adventure. Light at the end of the tunnel as they .Stay tuned. Show me the money $$$$


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