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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 Sep 08, 2022 5:08pm
308 Views
Post# 34950630

RE:RE:RE:NEXT STEP ?

RE:RE:RE:NEXT STEP ?It is an incredible story.  The two key Mongolian geologists, and Charlie Forster and Doug Kirwin  at IVN have all written or given presentations/ memoirs.  The tragic loss of the brilliant Hugo Dummett in a car accident took away his voice. The breakup of the Soviet Union, the financial pressures of a brutal bear market in metals on BHP, and the dramatic gambling and entrepreneurial sense of Robert Friedland all played a part, as did dozens of fascinating Mongolian personalities.  And the full story hasn't unfolded yet.

And the foreign diplomats and spies buzzing in and out of UB - Russians, Chinese, Brits, Aussies, Americans, Indonesians, Japanese, Koreans, Canadians ... lots of skullduggery in the dark of night along the way.

Completely apart from the money and investment aspect it is a great example of how interesting it is to really dig into the details of great enterprises - truth is stranger than fiction here too.

Good luck to all on the Trans-Gobi Cannonball. As the Grateful Dead sang, "What a long, strange trip it's been."  And we don't know how it works out in the end, yet.

cg
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