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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 Nov 04, 2024 11:03pm
159 Views
Post# 36296401

RE:RE:RE:Full Disclosure Time

RE:RE:RE:Full Disclosure TimeNot sure how the wizards can evaluate the ore deposit size and value when there are 8 holes to still report on from 2023 and 27 holes to report on from 2024 that are all on HNE2.  Then there are the comments of terminated in the ore zone so the zone is clearly larger than even these cores will gauge.  There was also drilling on Heruga that was not even mentioned in the press release. 
There is so much copper and gold in OT that it boggles the mind.
How do you put a fair value on ETG?
Certainly a story thats been well disguised from the public as evidenced by the current share price.
I can certainly understand why a company such as HCU would be reluctant to  part with their shares.
Makes me think they may end up continuing on as a partner with RT and the rest of us will likely get bought out at some price that has yet to be determined. .   
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