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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 paperpersonon Jul 18, 2005 12:50pm
417 Views
Post# 9290825

RE: Hooray...

RE: Hooray...Meta, I second that emotion, great to get off the pink sheets, especially since I want to own as much of this EGI / ETG baby as I can. For those new to Entree, please check out the devoted following this stock has on Stockhouse.com and stockhouse.ca as ETG, the Canadian stock. Company has gigantic claim area in Mongolia that surrounds a valuable copper site owned by the $2.3 bill market cap Ivanhoe Mines. Another good place to learn is on the Ivanhoe bull board. And both companies do a fair job on their own web sites, https://www.entreegold.com/ and https://www.ivanhoe-mines.com In recent weeks/months both Ivanhoe and Rio Tinto (market cap $33 billion) have invested in Entree stock AND have each executed Joint Venture agreements regarding parcels within the vast Entree mineral claims. Mongolia is going to become China's version of Canada, a place where the first-world nation of China goes for its mineral resources. We are talking copper and coal in huge quantities thus far in this South Gobi desert region, with tantalizing amounts of gold as well. Entree has no debt, $22 million in cash, 65 million shares outstanding. News flow has been brisk. Now awaiting drill results that could substantially expand the already very large copper deposit that is within the Ivanhoe Entree JV territory.
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