Entree Resources Ltd T.ETG

Insider filing for October 15

[Ratso07]

It will be interesting to see how many shares SSL acquired out of the more than 700K traded. This will probably be reported by Friday.

[Countrygent]

Probably a good chunk. We sure hit an airpocket and downdraft today.  Ouch if you’re long. Gold up, copper up, market up, we get a sharp low volume sell-down.  I’ve been amazed at the volumes available after the shareholder group has consolidated for so long, you would think from how a few days of buying pressure pushed up the price there wouldn’t be much selling pressure, but down we

[aldarion8484]

Hi CG,  I think its a trading issue.  Sandstorm probably took off its 1.00 CAD bid today, and the market maker or whoever it is trades the residual shares probably took the opportunity to short some shares.  Might be algorithm based. There is usually a bit of drawdown when Sandstorm is absent.  As soon as they start buying again it will creep back up.  PS There is some

[Countrygent]

Hey Aldy .. on the last point ... after 12 years of time to negotiate, I should hope so. https://en.wikipedia.org/wiki/Jarndyce_and_Jarndyce The modern mining equivalent?  I hope NOT! cg

[Ratso07]

I see SSL took 694 K at a buck. Looks like they can get what they want at even cheaper prices now.

[mrpancake]

they can only take another 500,000 or  so shares as of end of trading Friday last  Couls have lost its wind if Sandstorm takes a pause "normal course purchase exemption - an offer for not more than 5% of the equity securities of the target completed by way of ordinary course market purchases;"