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Entree Resources Ltd T.ETG

Alternate Symbol(s):  ERLFF

Metals & Mining Industrial Metals & Minerals
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

Entree Resources Ltd > Gift Horse
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Post by caesar123on Oct 07, 2024 10:38am
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Post# 36256000

Gift Horse

Gift HorseNot to look a gift horse in the mouth here but the move over the last month has been pretty crazy and accompanied by no public news. Very weird situation.

I'm long and stong 40k shares at ~40 cent cost USD. 

I'm somewhat inclined for there not to be a buy out as according to the horizon copper CEO the shares could support a dividend of ~$1 per year for quite a while assuming heruga goes into production. Seems to be very likely even more mineralization will be found on entree ground in the future .
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