Entree's latest ann on their website is very bullish They did trade as high as 2.64 yesterday The potential merger with PMH doubles their copper reserves They spell this out several times If they secure PMH for the equivalent of AUD 0.33 this will be a great coup for them as it gives them control of the Honey Badger Bronco creek and Pacmag properties with potentially 20 Bill pounds Cu in Nevada plus their Mongolian reserves In the long term the Entree bid may be worth a lot more than 0.33 if the Entree price appreciates but I would love to see other bidders involved to get us above the theoretical 0.33 Waiken
PMH Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held
