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 > TD rates Entree a BUY $2 price target

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Comment by Countrygenton May 17, 2024 3:03pm

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Post# 36046110

RE:TD rates Entree a BUY $2 price target

I also rate it a buy ... but have a price target much higher.

How can you put out a valuation of a copper and gold mining stream and not disclose the copper and gold prices that form the basis of your valuation?

Just ask aggrieved former TRQ shareholders what they think of TD's opinion of the value of TRQ last year based on a long term CU price of $3.50. While every industry expert said a structural supply gap was opening and the general commodity bias was inflationary.

Today's Comex spot price over $5 and commentators saying demand growth continues to significantly outstrip supply growth.

Ridiculous. TD. Bah!

cg

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