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 pfaffgauon Nov 28, 2005 12:37pm

154 Views

Post# 9930049

RE: Central banks are stunned too !!!

This theme of central bank losses on gold sales from their reserves is going to grow. How long will the Europeans keep up their planned sales when they result in such "losses"?? When they realize that new buying is coming from asian (Japan and China) cenral bank purchases, they will soon face more critism. This policy change will send gold higher and higher. IMHO

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