Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Industrial Metals & Minerals

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

Entree Resources Ltd

Bullboard Posts

Comment by HF.mongol.khanon May 09, 2016 9:27pm

129 Views

Post# 24856261

RE:RE:New commenter. IA

IF JV Agreement between ETG and IVN/TRQ never executed (would be nice to have an OFFICIAL and PUBLIC comment from ETG on this!!) and they just rely on the 2004 Earn-In agreement for all, one might wonder what is the TANGIBLE and HARD EVIDENCE that IVN/TRQ has SPENT at least the required $35m to be entitle to 80% in an undocumented JV! Has IVN/TRQ spent that amount under the framework of the Earn-In? If not or if it cannot be proved, then the JV is VOID and ETG can wake away welcoming new partners to fund additional exploration. If placing new ETG shares, TRQ and RIO can tag along or ...shut up. So IF no JV agreement executed, hard evidence that IVN/TRQ spent $35m is very critical....

Bullboard Posts

Golden Minerals closes Yoquivo gold-silver project sale