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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (30051)	7/9/2004 3:49:17 PM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 39344

loantech, I think George is referring to Etruscan Resources. Their Samira Hill mine will begin producing in September (stockpile already being accumulated & plant all but complete - see EET website for pictures & details). This will be the first gold production for EET and will enhance their bottom line nicely. The Burkina Faso Youga property will begin mine construction later this year. The EET Mali properties are growing at a rapid rate of knots and they are targeting production in 2006. Etruscan has stated that their goal is to be a mid-tier gold producer within 3 years. EET is cheap at $2. 77MM shares F/D (would add $20MM with warrant conversions), little to no debt and sound management. Eric Sprott & John Embry are firmly on board with both EET and their partner in diamond crime, MOA. Happy DD'ing. S&P