Post by
fruitvale3067 on Dec 09, 2022 4:27pm
Mongolia
Tsoprano,
Turquoise Hill shareholders approved the merger with Rio Tinto today in a deal worth 4 billion (one year of revenues when the mine is up to fulll speed). Now only one entity (Entree Resources) remaining that is associated with the Oyu Tolgi deposit. That company also has the richest grades on the entire project. Entree shareprice closed right at the 52 week and multiyear high on the american exchanges. Hoping for a strong copper open on Monday and a breakout to new highs.
Merry Christmas!!
Unlike here, I believe 2023 is going to be an interesting year for Entree.