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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 Rock9011on Mar 02, 2024 3:49pm
124 Views
Post# 35911399

RE:RE:RE:Country Gent partial drill result announcement from 2022

RE:RE:RE:Country Gent partial drill result announcement from 2022LOL
You forgot to mention OT is the biggest employer of Mongolian citizens in the country.
Wouldnt want to suspend operations here as a lot of folks would have to head for home. 
On the flip side, an expansion could employ an additional 1000 or more workers.  An expansion now would likely be a lot more cost effective than waiting another 10 years.
If I were a betting man I'd wager that if RT were to take over ETG, 10 minutes later an expansion would be announced. 
If nothing else it could certainly be a bargining chip for additional tax concessions. 

Rock
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