RE:FRUIT...MTO...Thanks U 4 The Laughs !Bob, Stupid, if this was just about Canada and Mongolia then yea, Canada is a safer Jurisdiction. However, that is only one of many factors. Both companies are speculative bets and there is lots of information on both companies that need to be looked into.
We also have one company that has done business with both of these companies. Yes your favorite SSL. On one side they just re-did a stream to an NSR to give MTO some breathing room. On the other the CEO said the stream would go down as the largest streaming deal ever when it's all said and done.
In this case, I've chosen to go with Mongolia, But that's just me. The mill has been running for 3-4 years now so it's not like thay aren't mining. It's just getting the underground infrastucture built to get to the real value of the 20km long deposit. The have been building the undergound workings for a year now and it will take another 2-3 years, to gt enough completd to start mining the underground material. Full production is not for another 6-8 years, that's how big this is. If you like MTO good for you. Good Luck.
And now the numbers for both companies again.
Entree's Resources:
(20% interest) Hugo North
Measured 36 million lbs copper 4400 ounces gold 105,000 Ounce Silver
Indicated 4663 million lbs copper 2,721,000 Ounces gold 16,988,000 Ounces Silver
Inferred 3887 million lbs copper 1,963,000 Ounces Gold 15,418,000 Ounces Silver
On the other end of the orebody they have a 95% interest on the following:
Inferred 14,610 Million lbs Copper 20,428,000 Ounces Gold 75,955,000 Ounces Silver
and some Moly just for good measure.
Metanor Resources:
Bachelor Lake Unknown remaining gold (remember they cancelled the resource update last year)
Moroy Measured, indicated and inferred gold ounces unknown
Moss Measured, indicated and inferred gold ounces unknown
Barry
Measured 101,000 Oz Au
Indicated 12,000 Oz Au
Inferred 101,000
Measured (Waste) 33,000 Oz Au
Indicated (Waste) 3400 Oz Au
Inferred (Waste) 6000 Oz Au