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Gold/Mining/Energy : EET Etruscan Enterprises T

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To: Salt'n'Peppa who wrote (227)11/10/2004 9:45:55 AM
From: Cal Gary  Read Replies (1) of 281
 
Wishful thinking.

Breaking 2.10 will signal confidence that the March to July resistance level has been penetrated. Fresh air ahead.

I'm sure you know, Gold spiked to $437 over night trading.

Publishing a bankable feasibility study now for Youga would be great news and great timing. Especially with a small hedge in the $430 range to support a portion of mine financing. News like this may turn many eyes this way.

I really like EET's stategy, use cashflow from Samira Hills to support future mines where they have significant ownership. ie Depending on the banker and terms, $2mm usd can service $40mm at 5%, $20mm at 10%, ....

Bring it on.

Opening bid is 2.12
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