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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
Comment by RGS1on Oct 02, 2003 10:35am
251 Views
Post# 6482437

mxz, opportunity and drilling

mxz, opportunity and drillingMXZ, you have stated that IVN has drilled 3 holes on the ETG property, "with their permission" and found nothing.. UNTRUE. Remeber "DISCLOSURE" You keep hoping to be right in your lower sell when you left 50% on the table. Maybe the stock will come down, if it does it will be a great buy, but I doubt it with all that is going on. If you have indeed sold then why not just move on. Has it occured to you at all, that IVN will likely be forced to do a JV with ETG? Even with out drilling on the ETG property as IVN gets closer to the border, now 300 meters away, it seems liley that a deal would be done. IVN will need access to that end of the property for open pit. It would make sense that IVN would make and offer just for the spec as the mkt cap of ETG is very low still at $30 mil. I think that with our great mgmt and the size of the property and money close at hand we become a better and better play each day. With news continuing to come from the property, how far off is an offer... I think close. So MXZ buy back in or chaulk it up to experience and find another play. If you made money then you did well.
Bullboard Posts