Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Industrial Metals & Minerals

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.

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Entree Resources Ltd

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Comment by paperpersonon Jul 11, 2005 12:03am

428 Views

Post# 9263655

RE: Interesting Chart...

Here's a longer-term view of where Entree Gold (ETG.V) is at, courtesy of stockcharts.com. https://stockcharts.com/def/servlet/SC.web?c=ETG.V,uu[m,a]wallyyay[pb20!b100][vc60][iUg10!Lg50]&pref=G The weekly stock price chart, in the center, shows Entree stock is overbought, compared with two moving averages. The on-balance volume pictures (above and below price chart) suggest this stock is being accumulated, not dumped. I think I asked for a ten-day moving average on the top OBV chart and a 50 day average down below. My conclusion is: technically speaking and without regard to news, this stock needs to retrace some more, but will then resume a very powerful advance.

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