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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
Post by target100on May 25, 2006 7:25pm
208 Views
Post# 10904205

Problems?

Problems? Just the beginning of them as this one technically is very poor shape...the realization, the hopes, and the dreams have not even set it yet as the hope it will come back, the dream of getting a deceit return on risk capital and the realization has not set in with the investors..Any rally forward will be met with resistance as the hangers will want to cut their losses which may not materialize. The ski slope effect has had its major down slope and now is starting to slope gently out leading to a level base around 125-130...volume will dry up and spread between bid and ask will widen on the downside.. As for Country risk factor the EIU does not even follow this country, that is how risky it is to invest there as a coup d'etat could happen anytime with a more extreme government...remember the parliamentarians where once commees For Calibre18 On Target everytime with a Bullseye!
Bullboard Posts