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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

Comment by fruitvale3067on Dec 06, 2020 8:25pm
82 Views
Post# 32047161

RE:RE:RE:RE:RE:Now Sailingstone Joins the Chorus

RE:RE:RE:RE:RE:Now Sailingstone Joins the ChorusRegardless of the troubles between factions, I think TRQ has a good year (2021) from a share price perspective when you figure in the 3 fold increase in gold ounces to be produced. Then add in the rise in the price of copper and it should be a no brainer. It could get even better if some of these issues going forward start getting addressed to everyones liking (well except RIO). If TRQ/RIO have to get more financing I vote for a stream over issuing more shares. If you think of the mine life, gold, silver, moly and copper and the grades involved even a .5%-1% stream should more then cover the 1.5 billion in financing needed. Then again I'm biased to a stream that involves SAND since I own a lot of shares. So instead of TRQ getting 66% piece of the pie it's now 65% and your funded until undergroud production begins.  
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