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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

Post by mrpancakeon Feb 12, 2021 3:04pm
237 Views
Post# 32554983

Sandstorms Nolan Watson suggests Entree s/b $2-$3 a share

Sandstorms Nolan Watson suggests Entree s/b $2-$3 a sharehttps://bit.ly/3tf9RF8  Confernece call - Sandstorm today

 follow up question on Entree

question: Your equity of Entree is 22% is that to much [equity)? How will you get out? Nolan: game plan to swap for bigger stream sell to stock market? right now, shares Entree undervalued closer to worth $2-$3 maybe pick more up...

In terms of equity strategy - sell to other wait to project is more advanced or continue to hold as he expects $100MM a year profit for whole project giving Entree $22MM a year when they paid $15MM



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