Erin Ventures EV.ASE Message Board

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Gold/Mining/Energy : Erin Ventures EV.ASE

EV 21.85

+0.3%

Apr 17 5:00 PM EST

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To: StockPro who wrote (457)	10/7/2000 3:20:53 PM
From: AH	Read Replies (1) of 523

Hello StockPro, I don't think I will be able to attend AGM. In the material EV distributed there is a short comment on the current status of the JV with the Yugo partner: 'The join venture was to expire October 31, 1999. The joint venture partners have agreed to negotiate a new expiry date for the joint venture agreement.' Pretty vague, eh? Mind you, EV as a Canadian-based company was forbidden to make any investments in Yugoslavia. I talked with Blake Fallis (?) a year ago or so and learned that they, i.e. EV and 'Yugo Hydro', created, as equal partners, a US-based entity with 100% rights to the Piskanja property. However, I have not seen an official announcement of such a deal. I recall that EV was ready to complete the drilling of the property on a very short notice. 90 days or so. Canada announced yesterday that the sanctions against Yugoslavia were lifted. I got myself into the EV story three years ago. Since then I have managed to accumulate a nice position. I am really excited now. Regards, AH

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