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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 Rock9011on Sep 24, 2024 12:22pm
188 Views
Post# 36238530

RE:RE:RE:Heruga Deposit as per ETG's presentation on Web site

RE:RE:RE:Heruga Deposit as per ETG's presentation on Web siteHypothetically,
If a co. like Glencore (who is currently on the hunt for copper and gold) were to scoop up HCU,
they would never part with 24% of ETG.
There is so much potential on the unexplored joint venture properties at OT that the 20/30% agreement between OTLLC and ETG  could be like purchasing the "Golden Goose".  Why some major hasnt done that already is supprising. 
If I were in RT's position, I would be moving on ETG before that occurs. 

Just sayin - a major takes over HCU and alll of a sudden ETG will not be so easy to take over. - if at all possible. 
A major could buy into OT thru the "back door" .  There is already what will be the 4th largest copper gold mine in the world. What better way to latch onto a piece of it. 
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