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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 Apr 19, 2012 10:09pm
445 Views
Post# 19815100

RE: RE: News - and good news at that!

RE: RE: News - and good news at that!

I have the same issue as RF - proving-up the value of both ETG and IVN requires more exploration IMO - to sell with knowing so little ... I can build a case for ETG numbers better than any price to date, RF probably regards $25 as too low for his IVN block - how soon could you build a mine at Heruga, how long is the HNE, what else lies on te Eastern trend and North to the Ulan Khud showings, what more lies at OT?

The fact we have been stuck at November 2006 data for HNE open along strike and at depth ... has been a little frustrating. 

In both cases, ETG and IVN, I'd expect a lock-up deal of management and key shareholder blocks presented as a fait accompli to we retail scum, with the usual blessing of some bought brokerage opinion and the quick once-over of some smoothie independent directors cashing in on their options with no personal money ever having been on the line.  Then its either go with the flow or start looking for lawyers?

You?

CG

 

Bullboard Posts