Entree Gold, Inc. (AMEX:EGI)
An exploration stage company engaged in the exploration of natural resource properties located in Mongolia and Arizona, USA.
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great properties
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Mining in Mongolia looks promising!
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Caps Home High
33,10,0
62,12,10
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when the dollar collapses, the current price of gold will go up to two times of what it is now.
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Just adding some gold to my picks. Don't rely on me to make these kinda calls (there is plenty of gold bugs on this board already...)
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This may not be relevant but metal will make a comeback once inflation fears appear
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Trying a sector bet. Let's see if I picked the wrong time and/or sector. No guts, no glory.
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EGI has Lookout Hill property in the south Gobi desert of Mongolia comprised of three contiguous mining concessions covering more than 179,000 hectares. More than IVN!
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This stock was picked by TMFWizard for the 2008 Stockpicking Contest.
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Gold and silver have taken a sudden drop during the past week. Many speculators are panicing and claiming that this is the end of the "commodity bubble". I don't think so. If you look at the fundamental reason behind the last 6 months rise in precious metals, you have to ask yourself....has anything changed? I don't think so. The Fed continues to pump liquidity into the market, the interest rate continues to decline, inflation continues to increase and the dollar continues to fall. That being said....if due to demand decreases oil drops sharply from here...there is a possibility that precious metals will follow. Precious metals will experience quite a bit of volatility and the gyrations may be tough to handle but I think due to the fundamentals that I mentioned above that a year from now precious metals will be much higher.
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Just released drill results from one section of land owned in mongolia, 8 billion lb copper and 13 million ounces of gold @ the heruga mine. Ivanhoe has arangements for drilling rights and Rio Tinto owns 10% EGI stock.
With the growing use of copper in China and rise in commodities this is an interesting play on undeveloped land long term, short term the stock could move 50% or more.
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Natural resources are the way to go , great investment
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with gold going up a thousand dollar a ounce why not i look four this stock to go bullish
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all the way
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gold play
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Now that the Chinese stock market is in tune again with other bourses of the world and is going down, oil and gold will not be able to move any higher.
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shorting all overvalued gold stocks i can put my hands on. typically usually after bullish gold run february is the worst month for them. overvalued and seems to hit a break...thumbs down for all gold stocks for the next few weeks
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Speculative gold play (in Mongolia mainly); Chinese will be spending more on Gold, less on dollars going forward; Mongolia seems progressive enough.
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Gold prices to fall effecting share price.
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gold ready to go
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