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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 Jun 17, 2016 5:36pm
217 Views
Post# 24975930

RE:this stock...

RE:this stock...Until RioT has TRQ squared away, and Erdenes has 34% of ETG's Mongolian property, it is pretty clear the JV which is under OTLLC's control is not motivated to add value to the JV.  But at least things are moving and there is some pressure of time building to get deals done then do some more drilling?  

As as for the price, pretty odd stuff to see TRQ spike 30%, ETG have a volume spike of about 10x average, and no price move.  On the other hand no budget, low copper, low profile in the OT propaganda.  Give it a little more time and enjoy the window to complete your position if you believe in the big upside?

cg
Bullboard Posts