Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Industrial Metals & Minerals

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.

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Entree Resources Ltd > Getting closer

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Comment by Rock9011on Apr 07, 2024 3:40pm

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Post# 35975756

RE:RE:RE:Getting closer

Monday will be an interesting day.

The long term value here is tremendous especially if ETG remains a partner.
I doubt that will happen.
The longer there is no takeover the better with copper and gold prices continuing to climb.
This JV mess has to be straightened out so defined revenue sharing can be landed on.
At a minimum ETG's value should be better established with JV resolution. Hopefully arbitration will assist in this process.
Its unfortunate that the majority of the JV ground has not been explored. This won't be that important though if ETG remains a partner. Exploration will happen eventually.

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