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Bullboard - Stock Discussion Forum 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... see more

TSX:ETG - Post Discussion

Entree Resources Ltd > Updated Technical Report Filed
View:
Post by Countrygent on Oct 21, 2021 4:33pm

Updated Technical Report Filed

They bumped the NPV on Lift 1 15% or so, but still using metals prices way below spot market, and other assumptions like discount rates that hide the real money.

As for Lift 2 and Heruga ... way more on the come.

The updated report you can access through ETG's web page.

Man, here is a big asset in a hot category ... neglected and forgotten thanks to a decade of stupid wrangling and Mongolian and Rio Tinto nonsense sparring.

SSL seems to get it, though!

cg
Comment by UNKLAL on Oct 22, 2021 10:42am
Hey CG, we all are happy that someone with a bit of clout understands the hidden value in this gem, so maybe a big jump in ETG will get me back to even on TRQ n my wife n I can ride into the sunset of our years with a flush retirement fund!!! UNKLAL
Comment by Countrygent on Oct 22, 2021 11:37am
  You and me both, compadre.   I think it is worth remembering that the two commodities that drive All the value are a mix of copper, key component of a global political goal of remaking the entire industrial and consumer power consumption methodology to clean and renewable using electricity as the substitute for fossil fuels, AND, the best financial insurance available in a time of ...more  
Comment by UNKLAL on Oct 23, 2021 8:16am
Well said CG. I've also gambled big time on an Alberta company that is in the news this week-end on BNN, E3METALS, that has probably the best lithium extraction method n one of the cheapest supply sources for the metal in the world at the present time. As you are probably aware the need for lithium is growing for electric vehicle batteries (huge copper users as well) n the fact that they are ...more  
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