RE:Still under the radar?Agree 100% Ratty.
The consolidation of MPP power, including the formerly prosecuted Enkhbayar, President of Mongolia and head of the party back when IVN secured the OT property formerly held by BHP (you wonder whether the perceptive and talented late geologist Hugo Dummet was not pleased with that corporate move) AND the reverse takeover of an obscure VSE listing and placement of what would be the JV property into the newly created and renamed Entree, surely has emboldened the market.
The chances of Rio Tinto and Mongolia not finding common ground to proceed with the undercut of Lift 1 seems pretty remote now - copper and gold prices will produce very healthy NSR’s.
SSL’s continuing purchases suggest the guys who wear out their pencils pricing metals royalty stream see upside value to compete with any other opportunities out there, globally. What has surprised me through the past few years is given the bloated asset pools of extremely wealthy individuals around the world, that we haven’t seen more sustained accumulation pressure earlier.
Big upside IMHO. TRQ, Rio and Mongolia have all engineered a public perception of far less value, great exaggerated risks ... OT is hands down one of the most promising new mines and growth potential mineral deposits in the world.
Follow the smart money. Nolan Watson is no dummy when it comes to making money and building a streaming company.
cg