ETG has a lot of CASHGreg Crowe, President and CEO commented, "In the second quarter, we continued to execute our strategy of advancing the Company’s key assets. In the US, we made additional progress on our Ann Mason Project in Nevada, refining the project’s potential and scope. We also remained focused on furthering our interests in Mongolia and engaging in discussions with Oyu Tolgoi stakeholders regarding the joint venture’s mining licences. Given the importance of Oyu Tolgoi, we are hopeful that matters will be resolved satisfactorily. Financially, we are continuing to ensure that all of our activities are done in a measured, cash conservative manner. With approximately $52 million of cash, we are well capitalized and in an excellent financial position from which to pursue our strategic goals.” https://www.entreegold.com/news/index.php?&content_id=458