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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 Countrygenton Sep 21, 2010 1:05pm
285 Views
Post# 17474557

RE: RE: Scent

RE: RE: Scent

There is a school of thought that there are forces at work with the goal of frustrating the pubic share float into capitulation at these price levels.  It hasn't been easy holding on, has it?

Personally, I remain in the camp that stronger hands then mine have a tight grip on their shares for good reason - the underlying value is excellent, the upward prospects in price remain.  I'm staying in, believing there will be a day when shareholders will indeed be rewarded by much higher pricing.  Or so I have wagered.

The wisdom or foolishness of stubborn attachment to the ETG story remains to be seen, obviously.

We seem to be caught in the machinations of IVN seeking a full valuation while ETG's price and value attributable to the JV assets and the OT play remains depressed and unrealised.  It has to come to a head some day in the hopefully not too distant future.

Frustrating?  Indeed!

From my cold, dead hands!

CG
Bullboard Posts