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Gold/Mining/Energy : EET Etruscan Enterprises T

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From: Salt'n'Peppa	10/2/2007 9:06:48 AM
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Good synopsis of Etruscan Diamonds spin-off: seekingalpha.com Etruscan Resources to Double Diamond Production posted on: October 02, 2007 \| about stocks: ETRUF.PK Etruscan Resources Inc. (ETRUF.PK) owns 53.6% of Etruscan Diamonds Ltd. [ED]. ED has acquired the remaining 50% of the Tirisano Diamond Mine, providing complete ownership of a facility with production capacity of 50,000 m³ per month. ED was nearing completion of a separate pilot project on the adjacent Hartbeestlaagte Property for completion of a resource upgrade with capacity of 50,000 m³ per month. ED will now install this facility at the Tirisano site as a second circuit. The acquisition doubles previously estimated capacity. With additional processing capabilities at Tirisano, ED management sees potential to optimize production at about 100,000 m³ per month. We see initiating production as an early catalyst for several potentially positive events for Etruscan Resources, Inc. (lots more info including maps...) S&P

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