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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: russet who wrote (1696)1/5/2004 11:17:56 AM
From: Salt'n'Peppa   of 16207
 
Correct Russett, but I would like to point out one company that does not follow your trend of issuing paper like there's no tomorrow.

Etruscan Resources is very conservatively run and is adding high quality properties every month to it's inventory.

Rumour is that they will shortly increase their diamond production 5-fold at their Tirisano mine, from 2,000 tonnes/day to 10,000 tonnes/day.

Etruscan has the added value of very significant gold potential, with 3.1 million oz already in the bag. Gold production to begin this summer.
Today's EET news release is worth a read:
biz.yahoo.com

EET is unrecognized and definitely undervalued.

Letmebe Frank, kudos to you for a very nice list of companies, but I must correct you on one point. SAZ is currently the cheapest company on your list to have found diamonds.

You should also add MOA to the list. They are EET's diamond partner with 25% of the South Africa play and only 18 million shares outstanding.

Cheers,
S&P
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