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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

Post by Countrygenton Nov 02, 2022 12:07pm
154 Views
Post# 35066599

Well well

Well wellTime to seriously expect some additional interest and movement here in the last direct public participation standing at OT.

A sleazy two-tier deal for a major shareholder at TRQ is not much comfort if anybody was ever expecting Rio to be the ethical party in the room.  Makes one wonder how much leverage might be tried to pry a special deal for Horizon to support a rape and pillage approach to the remainder of the ETG shareholders.

In any event as the tape shows today, the TRQ sweep builds greater interest in ETG.

I've been watching the TRQ discussions and one interesting aspect is there is virtually no awareness of the prospective exploration all over the JV, the cute little reservations of disclosure we have seen for years about "priority exploration targets" including this year for the first time in a long time some exploratory drilling and expectation of assays and results.

Up we go, though.  It was definitely a smart move to have sold TRQ above $40 and stepped over into ETG at 90 cents or less.  We'll see.  Good luck one and all.

cg


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