Entree Resources Ltd T.ETG

TRQ - Take the $43

[Rock9011]

And stick it in ETG.  
RT will not be content to have little ETG as a partner and as soon as the dust settles on the TRQ boondoggle eyes will focus here. 
Horizon Copper Corp has 25%.  The public shareholders own roughly 56%.  Hedge funds own nothing of ETG or if they do it is a very minimal percentage. 
Im betting that come January, ETG will be in play. 

If TRQ is a no vote the share price will slide south of $30.00.  
It will be at least a year or 3 before the share price recovers. Personally I do not trust the 3rd world country they are mining in. Investing in countries like this is a shaky business at the best of times. One day your looking good and the next you have nationalization. 
AND -  I dont think ETG will be bought out at its current trading price. 
Rock

[Countrygent]

  Or the more decisive alternative - take the current discount to market on TRQ and sell now, put the proceeds in ETG now.  The bid might fail.  Totally different plays on OT, granted.  No question because ETG's status with Mongolia is not settled there is additional risk to be assessed. There is something to be said for just bailing on TRQ as an option at this stage

[Rock9011]

CG,  the extra $1.10 from the close yesterday of $41.90 to $43.00 ( (aprox 2.5% increase) may not be worth the wait as 2.5% of ETG is less than a 3 cent gain.  It's possible a number of shareholders in TRQ will do just that once and if the vote goes as a yes and they lock in the $43. By the time they get paid and should they decide to purchase some ETG it will likely be trading

[Countrygent]

  You and me both, brother, you and me both.  Go big or go home. cg