ETC Industries <EIL-V > - Gold - Peru Message Board

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Gold/Mining/Energy : ETC Industries - Gold - Peru

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To: pete meyer who wrote (150)	8/7/1997 9:05:00 AM
From: Sergio R. Mejia	of 244

Hi Pete and all: Here it is the news release again (see also post #144). techstocks.com I guess it got lost between all the discussion from stockhouse forum there). Do you have access to canada-stockwatch? It was published there on Aug 01. I e-mailed the company again but still no reply. I checked inside trading in BC stock exchange: insiders have not been selling. This makes me think that this play is not over yet. EIL is trading at values prior to Mata Mata so I guess there is not downside at this point. Comments? Regards, Sergio Option on Puca Irca Dos Mil claim not being exercised E.T.C. Industries Ltd EIL Shares issued 10058940 1997-07-31 close $0.16 Friday Aug 1 1997 Mr Kenneth Liebscher reports The company will not be exercising its option on the Puca Irca Dos Mil claim. ETC has an agreement to purchase 1000 hectares known as the Mata Mata project in Northwestern Peru. The Puca Irca Dos Mil claim comprises 100 hectares of the Mata Mata project and requires a property payment of $50,000 by August 2 1997 and accordingly this payment will not be made. The company, however, wishes to retain its option on the balance of 900 acres of the Mata Mata project. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

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