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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 Countrygenton Jan 29, 2021 12:41am
95 Views
Post# 32417610

RE:RE:If this can’t light a fire under copper ...

RE:RE:If this can’t light a fire under copper ...Unk, I realize 15 years out is a long time, but the capital and infrastructure rollover GM is planning for is a very big deal.  There are going to be many more EV entrants, it meshes with rideshare and self-driving in urban areas.

It especially meshes with big government commitments in the big economies to clean up their transportation and energy use.  

We we need to get through this next flurry of bickering and uncertainty among the OT partners, but it’s a sign they are Delong pressure to settle things, so good, I guess.  We are so deeply discounted to potential cashflow, and exploration potential at OT is still very good - multiple high priority exploration and expansion of reserves targets.

Copper has a bright future, gold for obvious macro-economic reasons ... I’m in agreement and thinking lots of PM and base metal companies may have big upsides.  Time as usual, will test and grade our ideas.

cg
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