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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 Mar 29, 2013 12:42pm
350 Views
Post# 21185436

RE: RE: What outcome do you think will we get conc

RE: RE: What outcome do you think will we get conc

With regard to Rio the fact that ETG toe-holded them into IVN in the first place is not IMO insignificant.  Yes, they may have been happy to allow treasury to be depleted - taking the view ETG should have been content with the originsl cash-up and not spent it.  On the other hand the mning world is relatively small and when discoveries are made by juniors in the jockeying that follows the majors don't want to be seen as untrustworthy partners.

With regard to drilling if you look through TRQ's new technical report they have been fan drilling from underground off the drifts from the shafts at Hugo North - short geotech holes.  But they will be tunnelling up towards HNE as well.  

Here we are once again waiting for a Mongolian election to break a logjam and free up some more info?

CG

Bullboard Posts