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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

Comment by Countrygenton Oct 20, 2021 12:05pm
117 Views
Post# 34027290

RE:Insider filing for October 15

RE:Insider filing for October 15Probably a good chunk.

We sure hit an airpocket and downdraft today.  Ouch if you’re long.

Gold up, copper up, market up, we get a sharp low volume sell-down.  I’ve been amazed at the volumes available after the shareholder group has consolidated for so long, you would think from how a few days of buying pressure pushed up the price there wouldn’t be much selling pressure, but down we slide.

Is it significant or meaningful?  I don’t think so but leave it open to whatever opinions are out there as to why.  This story is too long, strange and inexplicable to get too excited about short term trading, unless it gets really extreme and volumes are rising.

cg
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