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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 Jul 28, 2003 11:07am
266 Views
Post# 6279511

RE: News pumps up market depth buy

RE: News pumps up market depth buyI agree that ETG does not have the budget that IVN has. However ETG has only 20mil plus shares out compared to the 300 mil plus shares of IVN. Keeping this in mind, ETG can take a little dilution if needed and still have significantly less stock out. Also if you compare mkt caps, then ETG is $7 mil vs IVN's $1 bil. I find it interesting that there is a comment out there about a fault between IVN's trend of discoveries and ETg's continuation heading north. Yet IVN gets closer by the day to ETG's border. It must be an interesting fault as it appears to movable. Also, I believe that there is a fault between all of the IVN pods, but that there is continuatuion at depth. ETG is the sleeper here and one day will pop. Even 5% of IVN's mkt cap would make ETG a $2.00 stock.
Bullboard Posts