Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Copper

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 brianjoyce2on Jul 18, 2005 11:00am

242 Views

Post# 9290346

RE: China Yuan

So you think currency valuations have no effect on trade and trade has no effect on a countries economy and that would have no effect on how much money companies put into mine exploration and production? I don't like surprises so I try to look at all the angles. If the yuan seriously re-evaluates against the US$ and other currencies it could cause a slowdown in their econonmy which could have an adverse effect on what we are all hoping will happen here in Mongolia with ETG. Brian

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