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Entree Resources Ltd ERLFF


Primary Symbol: T.ETG

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 stokpikeron May 22, 2024 9:57am
176 Views
Post# 36051741

RE:As Countrygent

RE:As Countrygentthat doesnt really answer my questions, I included charts showing ETG shareholdings which for some reason didn't get included in my original post, I've forgotten how to use stockhouse properly.

There are 115M shares in the 'public' float so there are certainly some very large shareholders who hopefully are in a position to eventually influence the outcome for ETG, maybe some key people in Mongolia, maybe some key mining people, who knows maybe even RF. It would be interesting if someone was able to find out where more of those 115M shares are held, that could be key to our destiny. I don't know.

Current holdings that are reported
HORIZON COPPER CORP. 49,672,515
RIO TINTO PLC 32,788,629
Stephen Scott 1,519,824
Alan Edwards 1,355,020
Duane Lo 1,274,987
Susan McLeod 979,699
Front Street Investment Management, Inc. 483,163
Michael Price 268,917
Skylar France SASU 100,000
European & Global Advisers LLP 70,537
Sprott Junior Copper Miners ETF                  53,868
                                       Total 88,567,159

Back in 2007 the directors had about 2M shares. They're all gone now but they probably still have their shares.

PacMag got 15M ETG shares in 2010 but I'm guessing those shares may have mostly been hooverd up by some unknown ETG backer??
 
Ownership of ETG from investor websites
0.239% 486,429 institutions
2.81% 5,722,994  individual insiders (directors, officers, etc)
40.6% 82,461,144 public companies (RIO, Horizon)
56.4% 114,674,387  general non reporting public, who owns most of these??

I know the trailer park owns a lot of shares. I own more than many of the directors, insiders, Sprott, etc. But I'm not sure the trailer park has a large share of the 115M that aren't reporting holders, who are they? I'm guessing it's important to our eventual exit.





 
 
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