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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 > Nice Little Classic Shakeout This Morning
View:
Post by Rock9011 on Oct 01, 2024 3:14pm

Nice Little Classic Shakeout This Morning

Didn't last though.  Was hoping for 2.05.  Didnt occur. 
A number of folks on ceo saying they will dump at $3.  That too will be a  small shakeout.
I won't be tendering untill HCU and ETG managment support a fair price for a sell out.  As HCU is in the business of collecting royalties / profit payments, I don't think they will give away the farm. 
Message for the big boys is - you want it, - pay what it's worth and you can have it. 
If not, I can wait for the dividends that are almost sure to follow.  Will leave the shares to my grandkids.
Comment by mrpancake on Oct 02, 2024 6:34am
You wrote:  "you want it, - pay what it's worth and you can have it.  If not, I can wait for the dividends"   I don't think we will be around for dividends; as your aware, MD&A states: "the Parliament of Mongolia adopted amendments to the Minerals Law which introduce a cap on the ownership of license holders of strategic deposits such that no ...more  
Comment by Countrygent on Oct 02, 2024 12:32pm
  Yeah that 34% haircut sounds inevitable any way you slice up ETG and its future.  When I have done my valuations/projections I apply that reduction whether we are in or whether we are bought out. The thing is, assuming we have been correct that Lift 2 is much larger (and I can't repeat enough it will be the most profitable ore with the highest NSR's so far revealed at OT - ...more  
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