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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Post by Ratso07on Nov 20, 2024 5:46pm

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Post# 36322700

Did anyone notice the News and Trading today ?

For the past few days I have noticed a 50,000 share bid at $2.00 and the stock has traded down to $2.05. Today an article in The Globe and Mail stated: "TD Cowan analyst Craig Hutchison has cut Entree Resources to "hold" from "buy" ..... continues to target the shares at $2." The stock traded at $2.08 at the opening until 1.35pm when it broke support at $2.05 and filled the 50,000 share bid at $2.00.
Is it just coincidence that the buyer was TD Sec?
Ratso

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