RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Entree -Sandstorm stream modification
IMO - The short and blunt version of it - When doing business in a place like Mongolia, as well as a world class ore body, you need the backing of a super major with size 16 boots and lot of experience at dealing with Corrupt Little Wanna be Khans that think they can do what ever they want when ever they want and continuously lie to the people. The other alternatives are a conection to one of Mongolias 2 big neighbors (they both wear size 25 boots and are quite capable of using them) or having the corrupt Mongolian power brokers own a big chunk of your company. I can not think of any company that has not had one of the conections listed above that has not gone down in a lot of flames and missery. Having said this, ETG should be in a good position to ride out GOM mayhem and stupidity as they are inseperably tied to Tinto. Its a double edged sword though as the Tinto connection provides the protection but also leaves them in the position of having to wait till Tinto is good and ready to move. Tinto controls 95% of the cards and ETG's game has to be to tightly hang on to those Mongolian assets and keep ducking for cover till Tinto says differently.
As the DONK games in mongolia continue!!! Election only a few month away!!!!!