2014I spoke to IR over the holidays and they are currently working on our inclusion in OTLLC. The Mongo gov't is going to want 34% and hopefully Mr. Crowe can get some consessions in return. It's been mentioned here before, if Rio was going to take us out they would have done so by now...but remember it was Entree that brought Rio to the table. Our bank facility being extended......a good sign that they think a deal can/will get done. Word on the street is Rio is starting to sound optimistic.
Many of us invested in ETG are here because of the value of the holdings in Mongolia and the potential that awaits once they get a deal done. Potential? They believed they hit the top of the ore body at the Hugo North extension and then went quiet....for 7 long yrs! They are on the door step now and IMO this is the year we get going. Phase 2 is where the money is and no doubt the reason everyone wants or needs this to happen. Even the greedy politicians that can't find a way around the IA.
The games continue....but not for very much longer.
GLTA and may it be a Happy New Year for all of us!