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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 lumpy13on Jun 14, 2024 12:58pm
189 Views
Post# 36089471

RE:RE:RE:If you like ETG, HCU is an even better deal

RE:RE:RE:If you like ETG, HCU is an even better deal@mrpancake Not sure if I agree that ETG wants to draw the process out.  Mgmt holds shares and if there is a nice premium - and there should be - they'll make good money.  Similarly, I don't see Nolan as being difficult, rather RIO is probably the culprit.  

With HCU holding 25% of ETG and SAND holding something like 34% of HCU (and Nolan personally owning 10%+), he would like to see ETG sold and HCU getting a windfall.  Since HCU went public, and very thinly traded, their share price has gone no where.  When/if ETG is sold, HCU stock would jump dramatically, leading to a bump in SAND's share price.
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