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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 Countrygenton Dec 23, 2024 10:31pm
191 Views
Post# 36375940

RE:$$$ ;

RE:$$$ ;Yeah I'd sell ASAP if it bothers you. lol.

You realize there are dozens of people on this BB who have held positions in this company for up to 20 years or more?  We have seen $3.65 plummet all the way to 19 cents.  And back to where we are like a roller coaster ride.

Under 3% move with under 200,000 shares traded is under $500k value traded  ... less than 1/10th of 1% of the implied market cap.

Under $2.50?  Just one guy's opinion but I spell that S T E A L.  And this year is a weird one because in Canada people are suddenly looking at capital gains bumped inclusion rates on an annual basis over $250k gains realized - that works out to a net bite of around  8% or so above the $250k mark for those that are so lucky.  This stock has many holders who bought big down below 30 cents or so who have not been trading but accumulating.  Year end tax nonsense for Canadian punters just got more confused.  

Holiday markets, short week, let's see what a few weeks of the New Year bring.  And then get patient and be prepared to wait months or even years.  But we'll surely and steadily tack on value because every day is a day closer to positive cash flow and we have great leverage to copper prices in both early income and massive downstream resources.  We got the goods in the ground, big time.  

cg




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