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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 RGS1on Apr 25, 2003 2:58pm
218 Views
Post# 6045771

waynehead

wayneheadthe company has obviously done some work on the property and is just getting back on. If you were to think for just a bit you would realize that the weather in the winter is just a little tough. Try 40 to 50 below. It takes a tremendous amt of money to set up a winter camp, aka IVN that is spending $1mil per month. Mining companies take alot of money to get to production or to even prove up a reserve base and do a deal. Agian, take a look at how much money IVN has raised and spent. Be thankful that ETG can raise money as most companies can not these days. Try to have a little patience as there is now a few months to do some more work and to get some news out that will move the stock.
Bullboard Posts