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.

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Entree Resources Ltd > I am out for now - I may regret it

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Post by schocoron May 04, 2021 12:57pm

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Post# 33124129

I am out for now - I may regret it

I am out at .82 for now. I made a few shillings and I believe in the project, but I also think it is fairly valued for now. We are YEARS away from cash payments and a lot can and does change in Mongolia. Plus copper is very expensive and I think that is driving the stock price - spuriously IMHO - as entre has no current production. Sandstorm seemed to like the price at $.65 so I would look for a drop back to that level before I buy in again - but when I buy back in I will be buying ALOT.

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