Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Sep 30, 2024 1:52pm
219 Views
Post# 36247086

RE:RE:RE:RE:RE:RE:RE:Buy HCU at 25% discount to ETG

RE:RE:RE:RE:RE:RE:RE:Buy HCU at 25% discount to ETGLumpy I believe at the time Nolan Watson was saying SSL was being valued by the market as a gold streamer, by projected ounces.  And they were considering trying to find a consolidation partner to raise their market cap and make the combined entity more liquid and attractive to larger institutions.  So taking back a gold stream and dumping the ETG equity to be liquidated eventually (or held as a copper streamer if no buyout fair offer forthcoming) let SSL set the table to monetize ETG.  They will be repaid the $181 million debenture HCU gave them eventually -maybe sooner rather than later.  And SSL shareholders were welcome to buy into HCU, or, basically the market ignored the asset of ETG equity being shed at about a $40 million value.  Already appreciated by implied market trading value (slim volumes footnote to that) by $70 million to HCU?   When ETG gets taken out at the kind of premium Nolan was talking about when he told Daniela Cambone at one of the big mining shows years ago he thought the SSL buy-in to ETG would go down in history as "one of the greatest mining deals ever made", HCU could have Antimina and Hod Maden and no debt.   HCU could be another huge runner for the patient.  And I'm a fan for leverage to gold to get some SSL - the table setting has been methodical, patient,  has not been appreciated by the market, but could pay off very well.  But, ETG first please!

cg
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse