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To: LoneClone who wrote (123685)7/16/2008 9:28:24 PM
From: Metacomet  Respond to of 313013
 
I expect Entree's and Ivanhoe's interests in the Oyu Tolgoi area to eventually be bought out by Rio Tinto

I tend to agree.

What intrigues me is the extent of mineralization that Entree represents in this.

I am pretty sure that there is more copper and gold outside of Oyu Tolgoi, on Entree ground both JV and the rest of Lookout Hill than on the original Ivanhoe parcel. I think Friedland was intimating as much.

The buyout for Entree could be very interesting.



To: LoneClone who wrote (123685)7/17/2008 12:15:50 PM
From: Metacomet  Read Replies (1) | Respond to of 313013
 
More Mongolian developments leading to the soon to be green-lighting of the Oyu Tolgoi mine.

World Bank allocates $9.3m to improve governance of Mongolian mining sector

As Rio Tinto predicts the Oyu Tolgoi agreement will be approved by the Mongolian State Great Kural (Parliament) and the Central Government this year, the World Bank is spending millions to prepare Mongolia to better regulate and tax mining.

mineweb.com


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