RE: Entree Gold ETG.TO
"The ETG "trailer park" of bedraggled, impoverished shareholders huddles in shabby clothing around a burning barrel at InvestorsVillage." - Priceless!!!!!!! Countrygent, you have a way with words!
I have been waiting for seven years to upgrade to a motorized home from my 'horse and buggy" version.
I hope no one throws a monkey wrench into what I hope is about to happen. The last two years have been hell.
The collapse of IA talks two years ago was the trigger for the collapse of the resource shares which I held - at one point I was down almost 70%. I have watched it crawl upwards over the past six months but not enough to make a decent dent in that loss. When this deal gets done, I hope the excitement generated from it will be the catalyst for a huge run up in resource shares again!
The ones who held tight in expectation of some sanity may finally be rewarded.
My gut instinct is that the ETG properties contain as many lbs of copper and ounces of gold as Ivanhoe's property.
It may not be as concentrated but once we start seeing the very delayed drilling report releases and when we actually drill deeper under the current resource; there may be some very big surprises!
One has to ask "why was there so much money in the ETG treasury when there where some fantastic deals to be had in the resource sector over the past year and a half?" Could it be that they wanted to be "cash rich" and ready to go when all the obstructions were removed?
Here's hoping to get close to the levels we were at 2 years ago 'cause Papa needs a brand new suit!!!