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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 > Share Price
View:
Post by TRQforever on Sep 18, 2024 6:29pm

Share Price

New 52 week highs. Swore I was going to sell when share price hit $1 US.
Comment by Countrygent on Sep 19, 2024 12:54am
  52 week high?  I think more like 12 years?  What is that, 624 weeks?!!  And given the dilution the market cap high must go back a bit further still. Reading the last NR over there are a few upcoming drill result possibilities that might goose things up sooner rather than later.  OT and the JV in particular is still very much underexplored.  Ioft 2 looks like it ...more  
Comment by stokpiker on Sep 19, 2024 9:07am
we need a strong run in copper/gold/metals market, the juniors piling into the run, that will help push RIO to a decision OT may be drilling but they don't want to add fuel to the fire for ETG, RIO still has to buy ETG, they may want to get a better handle on what they're buying but they don't want to pay anymore than they have to. RIO solution to that dilema will be some drilling but ...more  
Comment by Countrygent on Sep 19, 2024 11:20am
  It has never been in my contemplation, at least for the past 12 years, that the SP would rise high enough to tempt any sale into market except due to my own cash call needs. I believe the price will be decided by our management, HCU/SSL, Mongolia, and of course Rio Tinto.  Made the ETG hold kind of stress-free on the valuation side.  But even then, with Rio's 16% not ...more  
Comment by stokpiker on Sep 19, 2024 11:51am
there are a lot of unkown shareholders/shares, maybe a lot of them from the original setup, I think Greg had some off shore stuff happening which could be owned by anyone, maybe some influencers in Mongolian politics?? Maybe the unknown shareholders can impact the final pricing for ETG, I hope so
Comment by Countrygent on Sep 19, 2024 12:10pm
Having been around for a long time I've met more than a few shareholders and I have no comparison to any other mining play where so many were committed to long term accumulation and holds.   And several dedicated traders who made it their business to include ETG as a focussed listing who have done very well trading in and out - particularly during the long period when TRQ would trade ...more  
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