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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

Post by Rock9011on Nov 10, 2024 3:10pm
178 Views
Post# 36305803

Path Forward

Path ForwardShould the OTLLC Board approve the JV partners proposed path forward to mine HNE 1 and 2 it would be great to get an update to keep shareholders in the loop.   
It's also possible  the BC Arbitration Board may have gone government.  Either the entire matter is very complicted for them to arrive at a decision or the  proposals put foreward by the opposing sides is a conundrum of smoke signals in a fog bank. 
If the operator made a buy out offer to the company they are cetainly not sharing it with the shareholders who own the majority of the company stock. 
Its possible they didnt make an offer as the unknown reserves in these deposits is very likley larger than the known mineralization discovered to date. 
Clearly a conundrum.  
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