RE:RE:RE:RE:Gift HorseThe suppression of ETG's stock price has been well played. THe company operates like a veiled ghost. There is zero promotion. I have heard folks blame low trading volumes. What else can one expect when operations are carried out in what I consider behind a curtain.
Ask your business associates. Almost no one has even heard of ETG or the fact that they own a percentage of the Oyu Tolgoi operation. Even the press along with reams of documentation expounding on the size of the deposit and ownership of OTLLC / Oyu Tolgoi including statements made by the Mongolian government never breathe a word of ETG. It's always 66 % RT and 34% MG.
Just for giggles, I purposely asked a total 40 of my friends and assocites that I know are active in market trading in both Canada and the USA.. Not one of them had even heard of ETG. Two of them that I am aware of investigated and are now actively buying ETG stock.
I am by no means a IR person for ETG but I believe its clear why the stock price has been depressed.
Certainly sad to say.
Maybe a day will come when the big money folks will get wind of the situation. It certainly won't be becasue of ETG promotion activities though.