RE:RE:RE:RE:RE:An Interesting Week so farCountrygent, I have to admit this latest move was a pleasant surprise while most my Gold sector stocks are getting beat up. I too am insanly share heavy here also. However mine are in the american exchanges (ERLFF). Retirement is 4.5 years off for me. Hopefully right around the time thay start mining on Entree's ground (HNE). If Entree even exists by then which I don't think it will be. By then I think Entree is either under the Turquoise Hill, Rio Tinto or Sandstorn banner. Since I own a lot of Sandstorm I'm rooting for them, however I don't think that is going to occur in the near future. Production is just too far off for Sandstorm to make an offer now.
Sandstorm is in an interesting position. One one hand if Rio or Turquoise Hill make an offer for Entree they hopefully will ensure a resonable price will be entertained. On the other hand if no Rio or Turquoise Hill offer comes in they can either profit from the current streaming deal and shares they currently own or just buy Entree outright and have the entire current Entree terms.
That's longer term, as for the next 6-12 months it is certainly going to be interesting. I just hope the Mongolian government and Rio Tinto don't screw this up again this close to actual underground mining. I hate to say this but I can't help to think some more bad news could come out. After all it is Rio and the Mongolian Government.