Entree Resources Ltd T.ETG

Notice a trend?

[Countrygent]

Mid-March WTI oil hits close to $20US, spot copper $2.10 US, ETG 23 cents CDN.

Today, WTI above $70, even after yesterday’s sharp correction copper $4.30 plus, ETG cracks $1 for the first time since 2013 (?).

Commodities, continuing to be led by oil, still the most important industrial input, anticipate a post-Covid burst of global growth driven by broad, global, central bank monetary stimulus and government fiscal spending in social programs and massive infrastructure spending.

Be right, sit tight. Mleberage to industrial metals looks like a pretty sweet bet.

ETG still cheap as borscht here, my opinion only of course, so your own DD.

FMCDH and until the dang crows fly home to roost.

cg

[UNKLAL]

Hey Countrygent, if you were to put in a stop on ETG, what number would you pick??? UNKLAL

[Countrygent]

Being the world’s worst trader, I avoid margin and trading stops.  We have the negotiations and tax disputes still brewing. Could be some bumps in the market too.  Eighty cents maybe?  Hopefully we pop up to a new level another twenty cents or so and you could raise that.  And the stock trades so thinly sometimes ... gives me jangly nerves thinking of being washed out so low

[UNKLAL]

Thanks, I don't usually think of using stops but the way this current market is behaving it appears that traders are the winners today!!! UNKLAL

[Countrygent]

The FED’s statement yesterday was pretty mild, considering how hot some supply chain constraint inflation has been running.  They stick with the fundamental view a lot of temporary pricing changes are caused by Covid disruption - lumber and sawmill slowdowns being a poster child. Infrastructure and social services spending appear to be with us for a long time to come, the demographics of