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Gold/Mining/Energy : Etruscan Enterprises Ltd

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To: Robert who wrote (3)12/29/1996 7:00:00 PM
From: Dan P   of 235
 
Robert:

Thank you for calling our attention to this stock. A little research
is definitely in order. I note just off hand that it has 32 mill
shares, fully diluted. Also they have 51 mill. in conv debentures.
The share price at around C$5, and the market cap around 150 mill
canadian, which would cover about 3 mill oz in gold. If they have
a lot more than that, it certainly could go much higher. Also, the
stock is technically very strong.
Regards

Dan

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