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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 Rock9011on Nov 19, 2022 3:10pm
283 Views
Post# 35112873

RE:RE:TRQ - Take the $43

RE:RE:TRQ - Take the $43 CG,
 the extra $1.10 from the close yesterday of $41.90 to $43.00 ( (aprox 2.5% increase) may not be worth the wait as 2.5% of ETG is less than a 3 cent gain. 

It's possible a number of shareholders in TRQ will do just that once and if the vote goes as a yes and they lock in the $43. By the time they get paid and should they decide to purchase some ETG it will likely be trading north of $2.00 ( a wild assumption on my part). 

I already did just that on Friday. Of course I didnt have a very large position in TRQ but it seemed like a good stratagey to me. I also didnt get the closing price but I was fairly close. 
I currently hold moire ETG than I should be but I got caught up in all the excitement and bought some extra. 
If it works out like I think it will then Bob's your uncle. 

Rock
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