TB et All
Emailed the company to get a little more info on activities. Hopefully this will stimulate some energy into this web.
Thanks again for your inquiry. You may wish to visit our website which
>contains answers to your questions in greater detail at
>http://www.etruscan.com, however the following will provide a brief response
>to your inquiries:
>
>We currently have 21,365,817 common shares outstanding, 32,889,485 fully
>diluted, the difference relates to warrants and options outstanding at an
>average strike price around $4.00 and relates to approximately $50,000,000
>Canadian yet to flow into the company. As we have a working capital of
>approximately $5,000,000 we do not expect to go to the market for additional
>capital at this time mainly due to the recent news release regarding Placer
>Dome.(Located at our site)
>
>The main properties are Tiawa, Niger West Africa; Koma Bangou, Niger West
>Africa; Hackett River, N.W.T. & Pickle Lake Ontario.
>
>The company is very well financed.
>
>Drilling continues on the Tiawa concession where in a short period of time
>(three months) we have identified a geologic resource approaching two
>million ounces of gold all near surface grading 2.54 gramms/tonne. We will
>have additional drill results very shortly. I just returned from the
>property in West Africa, we have about 250 people in total carrying out
>various types of exploration. The property is 1,240 square kilometers.
>
>The directors are:
>
>Gerald McConnell, President, his background is Law wherein he received his
>appointment of Q.C.
>
>Angus MacIsaac, CFO, background is mining
>
>Pierre Basuchet, V.P. Corporate Development, Swiss Banker
>
>Dr. Bill Young, Geologist
>
>Eddie Lui, International Businessman
>
>In short I believe Etruscan is one of the greatest untold stories. In a very
>short period of time we have located a significent gold resource at the
>Samira deposit on the Tiawa Concession. If you look on the web you will note
>this is very small when compared to the size of the property. We recently
>announced an agreement with Placer Dome which is one of the largest mining
>companies in the world and will provide tremendous technical and financial
>assistance in developing our resources.
>
>I would be pleased to answer any additional questions you may have.
>
>Andrew
>
Company appears to have alot of potential.
Rick |
