Entree Resources Ltd T.ETG

RE:RE:RE:RE:RE:RE:RE:New Press Release - Entrée Resources Announces Third Quarter 2024 Results

[Rock9011]

No sell out or takeover in 2024 is perfectly fine for me as I don't need the additional capital gains taxes that would be triggered this year.  Would much sooner accept paper than cash although any takeover of a company as small as ETG would most certainly be a cash deal as the total dollar amount is not that significant to a major miner such as RT. 

If a take out was to occur, I'm thinking having HCU sitting with 24% is a good thing otherwise those decendants of Hugh Matheson would have tried to scoop little ETG for $2.00. 

Owning 24% of a BC incorporated company provides HCU with a bit of stroke to ensure any accepted proposed deal is fair.  For them, waiting at status quo will likely provide increased earnings as copper etal is most likely to increase in value as time marches on. 

No hurry and as CG says, the clock is ticking.  With MG and their future option date that will squeeze RT into parting with approximately 50 % of the total reserves, is is RT that is missing the boat by holding back on expansion.  MG is a poor hungry country and they will always be looking for ways to increase their portion of the take. 

It's possible if RT doesnt get the deal they want, they could go to the street with a public offer and vacuum up as many shares as they can as I'm sure a lot of folks holding  would dump. As Clint Eastwood said - For a Few Dollars More. -.