RE:RE:RE:RE:RE:RE:Osisko files a MD&A two days ago..Sidebet,
Mongolia has already been a win for me. All of my TRQ trades were winners. Plus I'm very well into the green on all my Entree shares. I would be down 85% if I would have held all my Metanor shares. Again, your still trying to recoup losses and I'm well into the green. Oyu Tolgi has over $7 billion poured into it. In 2-3 years it's going to be pumping out copper and gold worth 3-4 billion a year in revenue for 60 years. Who is the buyer of all that gold and copper? China, just 100km away. Failure is anything but certain. As for staying in the US for copper. The Biden administration has closed the door on no less than 4 large copper projects in the past year. In approximately 6 months Turquoise Hill will have opened up enough drawbells for steady state production from Oyu Tolgi. From then on revenues begin to climb....Rapidly. Plus the Mongolian government owns 33% of the project. To much political risk? I don't think so.
As for Entree, development tunnels are nearing the Entree property line and should move into it in early 2023. Turquoise Hill has begun drilling on Entree's property to determine the extent of the Hugo North Extension which has the richest grades of the 3 deposits. Not to mention drilling previously identified targets of opportunity on Entree's property. You want to see some impressive drill results wait until these get posted. One drill hole may just provide more copper and gold combined than all of BTR's resources currently identified. We'll have to wait and see. But I'll patiently wait. In the meantime you wait for your 30,000 ounce production.
Should Entree's share price fall my profits are reduced. However if Bonterrs share price falls more you continue to go deeper in the red. If I had a choice I'll stick to my side of this equation.