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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 brianjoyce2on Jan 15, 2006 7:02pm
289 Views
Post# 10186394

RE: Our situation

RE: Our situationI think and some here agree I believe, that the coalition collapse in Mongolia was a long time coming and is in fact a step forward not backward. I think the MPRP (the party that walked)had anticipated this event. I don't think this was an all of a sudden collapse of the coalition. Its obvious there was internal struggle going on for some time other wise the SA would have been signed and we would not have heard the bizarre amendments and statements being issued by this and that party member. So i think this is a good thing what happened and expect good things to happen relating to what we are looking for, in the coming months. I think the news blackout from ETG and IVN PR is a planned effort to lay low while this (the coalition strugle all sorted itself out. The relative price stabilty even during a coalition breakdown is telling us the whole story. Furthermore, even in countries with long established democracies (to use that word that I don't like to use), coalitions collapse and new govts formed. Mongolia, to its credit is handling the situation very well and very mature. Sure, some street protests.....but not the entire city turning out as the case was in Ukraine recently and Czechoslavakia and Poland years ago. Mongolia is firmly in the "free country" column in the world stage. The MPRP(or whatever the initials are), and the other main party no doubt struggled mightily about this as all patriots would. That they did not act impulsively is apparent as this took a long time to unravel. I spent 14 years in elected politics at the State (Provincial for the Canucks) level. This is my opinion. Brian
Bullboard Posts