October 29, 2012

Entrée Gold says share price drop tied to political uncertainty in Mongolia | Reno Gazette-Journal | rgj.com

Entrée Gold says share price drop tied to political uncertainty in Mongolia | Reno Gazette-Journal | rgj.com: "Entrée Gold’s two main projects include one in Mongolia and the Ann Mason site in Mason Valley.

Despite recent assurances from the Mongolian Foreign Minister that the government would not seek to re-open the Tolgoi Investment Agreement, on October 15, Turquoise Hill Resources Ltd advised that the Mongolian Minister of Mines had requested the parties renegotiate the agreement, according to an Entrée Gold press release. Turquoise Hill and Oyu Tolgoi LLC have rejected the request, stating the investment agreement provides a stable legal framework and is a legally-binding document, reads a recent press release."

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