International Tournigan(ITG.V)announces major discovery Message Board

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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery

ITG 30.23

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Feb 28 4:00 PM EST

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To: rdww who wrote (204)	12/2/1997 12:31:00 PM
From: MWS	of 347

So, In the last two weeks we have 1.3M shares traded, 730K of which are crossed through Union. There is a loan for 1M$ Canadian to secure rights to a property (obviously this is not someone's backyard), and financings totalling 3.25M$ now (assuming the brokered placement, also through Union, gets filled), 3.7M$ in the door on the exercise of warrants. For a dilution of some 6.9M shares (including the warrants and 400K agents warrants). This money is said to be for "development costs" for Berenguela. This sounds like more than your typical exploration property. Does anyone know who Kappes, Cassiday and Associates of Reno, Nevada are? Any other projects they have been involved with? The stock price is inching up on low volume.

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