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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

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  • stokpikerX
Comment by stokpikeron Sep 19, 2024 9:07am
186 Views
Post# 36230676

RE:RE:Share Price

RE:RE:Share Pricewe need a strong run in copper/gold/metals market, the juniors piling into the run, that will help push RIO to a decision

OT may be drilling but they don't want to add fuel to the fire for ETG, RIO still has to buy ETG, they may want to get a better handle on what they're buying but they don't want to pay anymore than they have to. RIO solution to that dilema will be some drilling but not enough to add obvious value, they understand the drill results better than others

a good market and a hint of expanded resources should keep putting pressure on share price and forcing RIO to make an offer soon

OR in my dream scenario RIO sells ETG to another major who they bring in to help expand OT faster to take advantage of a multi decade shortage in coopper

the time for our exit event is getting closer!!
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