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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

Comment by Rock9011on Jan 03, 2025 10:01pm
191 Views
Post# 36387107

RE:RE:12.29% move in Share Price Today

RE:RE:12.29% move in Share Price TodayReasonable price is the key.  With Rio Tinto not sharing core results, being silent on deep hole drilling, not determining the extent of the deposits (most open in many directions), making an 11th hour feeble attempt to appear to be exploring on JV lands to the north west (but being stopped by sheep herders), , cancelling drilling on Heruga under the pretext of not having access to core rigs (thats a good one for the second largest mining company on the planet), Sharing a few core results (likley to show the ARB Bd.- see - we are exploring), 

They have been playing a -We will wait you out game -, 

Rio knows the deposit is much larger than the recent estimates.  How much larger - I don't think even Rio knows for sure but one thing is clear. It is a lot larger than they have let on.  They iced TRQ and are hoping to do the same thing to ETG. SSL's moving their holdings into a separtae entity (HCU) threw a wrench in Rio's plans. Or so it appears. 

Is ETG worth 4, 5, 6?  Probably worth 12.  The gold alone is worth Billions.  Oh, thats right theres copper and moly and silver as well. 
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