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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 May 18, 2024 12:04am
199 Views
Post# 36046898

RE:RE:RE:TD rates Entree a BUY $2 price target

RE:RE:RE:TD rates Entree a BUY $2 price target

What is strange about this as well is they put out a $2 price target previously.  Now they do it again when CU is running hot, no change.   Very fishy.   I guess you could read it somebody is disappointed that ETG hasn't run to $2 and they are banging the drum on that, OR, somebody is trying to limit expectations and pre-emptively pushing down on $2 to hold the horses.

Who knows, but it is a pathetic form of dialogue and argument if you don't disclose the metals prices used.  And gross up the value of the US dollar.   And do not explain which discount rate you prefer and why. 

if CU keeps running, ETG will get moved up regardless of all other factors, then like all analysts they will just restate and move the goalposts, you watch!  I know how this class of clowns likes to jack us around.

cg

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