SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%Nov 18 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maceng2 who wrote (41199)10/12/2008 12:45:37 PM
From: Metacomet1 Recommendation  Read Replies (1) of 217862
 
The Chinese love coal it seems.

Have been following a relatively unknown Canadian explorer, Entree Gold.

I bought it because its holdings totally encompass the gigantic Oyu Tolgoi copper/gold development currently underway in Mongolia by a JV between Rio Tinto and Ivanhoe.

Entree also has a JV with Ivanhoe on the richest portion of the Oyu Tolgoi strike.

In addition, within the last several months, Entree has encountered substantial coal on their holdings in the region.

We are talking about all of this mineralization being less than 50 miles from the Chinese border.

Like everybody else, Entree has been dumped in the last few days, and their shares closed Friday at $0.73.

Unless the end of the world is actually at hand, I would encourage folks to take a look at this well funded/no debt explorer.

biz.yahoo.com

entreegold.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext