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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (5794)	2/1/2006 8:17:20 PM
From: ogi	Respond to of 78413

Entree's position in the play is well established and their upside is now dependent on development of the mine. Nothing they can do with the JV ground. They need drill success elsewhere or sit an wait. Why they had cash in the bank and drilled another target when Ivanhoe's drills were 100 meters from their property line I could not fathom. The only reason I can imagine was that the ETG insiders could make out extremely well even while dealing off the MAJORITY of their chunk without drilling a single hole. Maybe there is a better explanation but I don't know it. If they had a couple of those holes in hand what would their share price have gone to? What would IVN have paid for a piece? Cheers, Ogi