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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 Nov 09, 2012 10:04pm
235 Views
Post# 20584324

RE: RF, Ivanplats, ETG

RE: RF, Ivanplats, ETG

Speculation.  Ivanplats just did an IPO directed at its African property, personally it isn't the kind of deal I'd expect so soon on the heels of that, plus recent inside buys at ETG suggest there is no pending negotiation of any major deal. 

But the idea is that Friedland hasn't gone away at OT - above and beyond his continuing personal interest in TRQ.   Which, by the way, far from making OT a failure for him show what a massive stake he was able to parlay and retain, ultimate profit still a question mark.

What I wonder is what it will take to cause RioT or OTLLC to run the table and take out TRQ and/or ETG.  Perhaps a new major partner? 

No doubt the assets are very promising long term plays on the continued growth and urbanization of the Pacific Rim and Indian Ocean.

 

cg

Bullboard Posts