Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

User Avatar Image
(201)
•••
  • CountrygentX
Comment by Countrygenton Jan 23, 2025 1:57pm
163 Views
Post# 36417446

RE:RE:Private placement,

RE:RE:Private placement,

No doubt some  "early buyout" speculators are selling in small volumes because the NR and PP signal alternate pathway forward.  But look at the six month chart and no, on virtually irrelevant volumes the sell-down is not "the SP tanking." 

Latest news is Rio Tinto and Mongolia have settled their management fees/tax disputes.   The main narrative here is they don't want to delay mining HNE because it will bump the profitability of OT substantially.  And the PP positions ETG to move forward in turbulent markets secure with liquidity to support approvals of conversion of the JV (with HCU and SSL on board - I'm guessing SSL is the other PP participant) then surely move on to seeing whether HCU wants to redeem out their shareholdings for an OT royalty stream, and then test the market to sell off the rest.  

Like I said before, let it play out.  Management has done very well for themselves, true, but what would any of us do differently?

cg

 

<< Previous
Bullboard Posts
Next >>