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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

Bullboard Posts
Post by RGS1on Aug 25, 2003 12:03pm
259 Views
Post# 6350318

trenching and samples

trenching and samplesI had and have done very well holding both ETG and IVN. I have been around the project since last June and am very excited about the upside. I have stated my opinion that ETg has tremendous leverage with it's mkt cap of $13 mil vs the $1.5 bil of IVN. I have also stated that I believe that ETg has solid mgmt and that a look at their web site www.entreegold.com shows thier history. I was trying and still am, to understand why you would state that trenching and sampling is meaningless. I asked for your opinion on how mines are then found if it were not for trencing and sampling, which of course leads to drilling. So far ETG is heading towards a drill program as they have now established targets and will likely put out more news along these lines soon, as they are in Mongolia working. With ten times the property and even Ivanhoe stating that they have yet to find the end of their discovery it looks highly likely that ETg will find something and perhaps something large. I fail to see how wayned could find fault in this line of thought and am glad that he has put me on ingnore as his contirbution to date has been only to be critical of the mgt. I have yet to use my ingore button but perhaps he is a good candidate ?
Bullboard Posts