Bullboard - Stock Discussion Forum Entree Resources Ltd T.ETG

Alternate Symbol(s): ERLFF

Metals & Mining Industrial Metals & Minerals

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

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Entree Resources Ltd > Umm... Translation of recent corp update??

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Post by caesar123 on Oct 29, 2024 5:16pm

Umm... Translation of recent corp update??

https://finance.yahoo.com/news/entr-e-resources-announces-commencement-113000932.html

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Comment by Countrygent on Oct 29, 2024 6:08pm

The ETG world is chattering about what it means. The biggest statement appears to be that nothing happens until Mongolia approves. But what is there to approve? We have the conceded position they will take 34% gratis. no more "no loss of economic value to ETG". All baked into price. Assuming the deal is an ETG buyout by OTLLC fully financed by Rio Tinto at no ...more

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Comment by KingFox on Oct 30, 2024 10:30am

This perfectly sums up my 15 yr ? roller coaster with this holding ....... clear as mud !

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Comment by Countrygent on Oct 30, 2024 10:51am

Well, in fairness we seem to have a confirmation of that comment made by Rio Tinto last year that they had most of a deal worked out. What is not clear is whether it is the Mongolians or ETG ahareholders who are being warned that if whatever deal it is comes forward for approval, if it isn't approved then thenJV development will be stalled. That seems to be a shot across HCU's ...more

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