Entree Resources Ltd T.ETG

Hey CounrtyG

[UNKLAL]

what do you think of this news release??? Looks to me like another year of this negotiating c rap with the chances of the wee sharesholders getting beat up big time!!! jmo UNKLAL

[Countrygent]

What I think is the shot clock is running - the arbitration is a potential disaster for Rio and ETG has shown monumental patience waiting for a resolution of IA status and a settled JV Agreement. So we finally have drilling ongoing to help fix a better value for ETG, it seems highly unlikely there won't be a buyout before next April ... I mean it is "possible" ETG is left as a

[Countrygent]

Auto-spell ... not "previous metal" deposits but "precious" like Gollum said about the one ring to rule them all. cg

[Ratso07]

I see there is a posting on CEO.Ca this morning : "@STA_bot TD Securities has given $ETG Entree Resources Ltd. a 'Speculative Buy' rating with a target price of CAD$1.95. STA:TSX:ETG"

[Countrygent]

  TD.  The same minions who used a long-term CU price of $3.50 in their supporting valuation of the TRQ a buyout price.   As opined previously, perhaps it's a defensible price over 20 years or so, but the demand picture plus inflation suggests it is very low indeed.  But the real kicker is shorter term supply shortages in copper should bump the price towards and beyond $5

[Ratso07]

Well said, CG. The Edison Report is a must read for any serious ETG investor.  Glencore's offer for Teck clearly demonstrates the interest in securing long term copper reserves (QB deposit in Chile). At this point, both the technicals and fundaments look great. GLTA