RE:RE:RE:RE:RE:Now these are drill results!!!Yes, I know it will be years before they mine either teir 1 deposit (Thorn, Hog Heaven). I'm not investing in them for the long term mining of the deposits.
So why am I invested?
Entree Resources share price during the exploration and discovery phase at Oyu Tolgi in Mongolia in 2005-2011 went from $.50 to $3.50 twice. That is what really big drill hits and really wide intervals do to a share price on tier one deposit. Plus the price of Copper, gold, silver and Moly are all considerably higher then they were back then, with copper going to be in very high demand. Right now the mining sector is in the dumps. That's why so many exploration companies are considered undervalued. When that sentiment changes to risk on companies with tier 1 assets are going to move quiclky. Brixton looks to have 2 tier one deposits and I hope the share price jumps because of it. Expecially since they have multi-metal large deposits. You can by a share of Brixton for 5 cents cheaper than BTR on the us exchanges. ALso the share price has already doubled since BHP signed on. All I want is to just keep those big drill hits coming. Toss in a stellar resource estimates here and their and just keep piling on the good news.