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Bullboard - Stock Discussion Forum 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... see more

TSX:ETG - Post Discussion

Entree Resources Ltd > Copper price
View:
Post by UNKLAL on Apr 26, 2024 10:35am

Copper price

at just shy of $6.00 CDN a lb not pushing the need to buy us wee shareholders out, The talk is $15,000 US per tonne next year, what the frig is wrong with these RIO baskets EH??? jmo UNKLAL
Comment by Countrygent on Apr 26, 2024 1:15pm
  They have been down this road before.  It is some institutional or behavioural bias of favouring a hope for weakness versus fear of metals prices rising.  Alcan they waited and waited then pulled the trigger at absolutely the worst moment when they feared they had waited too long. It's as if personal grading of internal decision-making isn't harmed by metals price ...more  
Comment by Countrygent on Apr 26, 2024 1:58pm
People should understand as copper and gold prices rise not only are your reserves more valuable. But the economics likely favour a lowering of cut-off grades which then also expand the reserve tonnages.  Win win! cg
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