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Entree Resources Ltd T.ETG

Alternate Symbol(s):  ERLFF

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

Bullboard Posts
Comment by steve97on Aug 28, 2009 11:38am
281 Views
Post# 16258432

RE: ETG Share Price after IA

RE: ETG Share Price after IAI can tell you that on the anticipation of the 'supposed signing' last year or was it the year before. ETG hit $3.70 and IVN got to $18.  Now these are different times and a different market.  However, with Copper at $3 and Gold at $950, should make the economics of this project very robust.  Also, sitting on the doorstep of your hungriest customer, has got to make your shipping costs next to nil. compared with Copper coming from Chile, or anywhere else in the world for that matter.  The hardest part is when to sell, or how high it will go.   Still lots of information to be released by both companies, as to what is under 'her skirt'.  I am not selling just yet, till I get to see the colour of her panties at least.
Bullboard Posts