John Embry Entree Gold ETG-T BUY Nov 01, 2005

A copper play. Finds it a little over promotional. The proximatey to the Ivanhoe (IVN-T) property in Mongolia and the entry of Tio Rinto into it validates the company.

John Embry

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TRADE

Up 297% on a year-to-date basis. Some good samples out of nearby Ivanhoe mines in Mongolia. A private placement was announced on October 3 of 10 million units of one dollar and warrants for one half shares. There is still enthusiastic buying.

COMMENT

Mongolia. Optimistic themselves. Can’t give advice.

HOLD

In Mongolia. Fairly illiquid. He's a fairly large shareholder. Time is on your side. Development is drifting their way. He anticipates a takeover transaction at some point.

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John Embry Entree Gold ETG-T BUY Nov 01, 2005

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