Etruscan Resources Inc. (ETRUF)

[Luckypennyman]

Etruscus Outlines Prospective "Red Line" in Large Mineralized "Lightning Strike" Corridor at Rock & Roll

https://stockhouse.com/news/press-releases/2021/04/06/etruscus-outlines-prospective-red-line-in-large-mineralized-lightning-strike#NFB20210411

[Pro-Life]

yes, whenever...

[Pro-Life]

When I get a round tuit...

[Pro-Life]

Still trying to get to it... under reconstruction.

[Pro-Life]

So little time... mergers... sheeeeeesh!!! When???

[Pro-Life]

So little time... mergers... sheeeeeesh!!!

[Pro-Life]

Needs a new i-Message... so many boards, so little time!

[Pro-Life]

Takeover target has been renamed - Endeavour Mining.

[Pro-Life]

range bound all summer

[Pro-Life]

A good week for the share price...

[Pro-Life]

Thu May 20, 2010 Etruscan Announces Results Of Shareholders Meeting

http://www.etruscan.com/s/NewsReleases.asp?ReportID=400791&_Type=News-Releases&_Title=Etruscan-Announces-Results-Of-Shareholders-Meeting

Halifax, Nova Scotia, May 20, 2010 - Etruscan Resources Inc. (TSX-EET) announced today that its Annual and Special General Meeting of Shareholders was held on Wednesday May 19, 2010. Over 71% of Etruscan's shareholders were represented in person or by proxy at the meeting. Etruscan is pleased to announce that John Clarke, Sally Eyre, Frank Guistra, Gordon Keep, Gerald McConnell, Stephen Stine, David Street, Rick Van Nieuwenhuyse and Neil Woodyer were re-elected directors of the Company and that all items of business were approved by the shareholders.

Subsequent to the meeting of Shareholders, a board of directors meeting was held at which all officers were re-appointed with the exception of Don Burton who recently retired from the position of Vice President, Corporate Development.

[Pro-Life]

The MA200 continues to offer support...

[Pro-Life]

We know this went a bit lower, the weekly is showing a downtrend channel... proceed with caution.

[Pro-Life]

The market did not wait to reach the MA200, .39 was the low and the last 2 candles confirm that the bottom is probably in.

[Pro-Life]

In a bull market, everything always returns to its' MA200... look where we are headed...

[Pro-Life]

Intriguing candle today...

[Pro-Life]

What a great reversal candle today...

[Pro-Life]

Still moving upward... gold/silver plowing ahead as well...

[Pro-Life]

My observation is that the volume never went wild during the dramatic uptrend of the past 2 weeks but today saw much more action/volume. The weekly chart is unreal at this point!!! Dare I think more upside may be had???

[Soapy Bubbles]

Flip!

[Soapy Bubbles]

Stickied -- thanks!

[desertdirt]

Sept 23 (Reuters) - Etruscan Resources Inc (EET.TO) said it would get $43 million equity financing from Endeavour Financial Corp (EDV.TO), helping it to repay debt and repurchase about half of its $700 per ounce gold call options.

Etruscan offered its shares at C$0.30 apiece, a discount of 23 percent to the stock's Tuesday close.

Endeavour also agreed to buy about 26.3 million Etruscan shares and 6.9 million share purchase warrants from Kirkland Intertrade Corp and 2190776 Ontario Inc, the company said in a statement.

Endeavour will hold about 54 percent of issued and outstanding common shares of Etruscan, after completion of the placement, purchase of shares and assuming the exercise of warrants.

Etruscan shares were down 9 percent, or 3.5 Canadian cents, at 35.5 Canadian cents in midday trade Wednesday on the Toronto Stock Exchange. Endeavour shares were up 2 percent at C$1.80. (Reporting by Amit Kumar in Bangalore; Editing by Ratul Ray Chaudhuri)

[Pro-Life]

Soap... I am responding to all my mining boards tonight... not quite done but when you click to see my boards, all of the miners are near the top... talk about MULTI RUNNERS!!! Balls almighty!!!

My goal is to make one massive mining DD post at -

Mining Mania -

http://investorshub.advfn.com/boards/board.aspx?board_id=15977

[Soapy Bubbles]

Wish I played....grrr.

[Pro-Life]

Predictable as sayin' the sun is setting today!!!

But still, we have a great winner here for a significant period.

[Soapy Bubbles]

LOL FLIP!

[Pro-Life]

Mother of pearl, look at the candle we took home today!!! Some were not willing to wait at all!!! Yikes!!!!!! It even shot out of the weekly BB's!!!

This is not seen often out of me -

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!!!

[Soapy Bubbles]

Slightly overbought... wait for the bounce.

[desertdirt]

Yes, I noticed that. Waiting for some funds to free up before I can buy.

[Soapy Bubbles]

Looks like we have a winner!

[Pro-Life]

The bearish chart is undergoing a reversal at the moment... can't explain the wild drop but it follows what happened to many 1000's of other stocks in the last year or so...

[Pro-Life]

Look at today's candle... Wowzerz!!! And the volume has not gotten crazy yet!

[Pro-Life]

The weekly looks good - up +13%... nice!

[Soapy Bubbles]

We had a good week here...

[Soapy Bubbles]

Dang -- we hit the timing perfectly!

[Pro-Life]

Hey, and I was rushed too, Soapy... I saw the stars, moon and planets aligning themselves and I had to get involved... look at today's candle... weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!!!

(I saw you snuck me in there... LOL!!!)

[Soapy Bubbles]

Wow nice box FJ!

[desertdirt]

I became aware of this company about 2 years ago when they signed a JV agreement with Haber Inc. ( HABE ) on an African gold concession in Ghana; which at that time Etruscan was trading at $1.92. From what I can tell, Etruscan is producing gold on a monthly basis.
Following is from Haber, Inc.'s website
http://www.habercorp.com

Haber Inc. Partners with Etruscan Resources Inc.
Haber has entered into a joint venture with Etruscan Resources Inc. (EET:TSX) to explore 1,331 square kilometers of gold concessions in the Western and Brong Ahafo Regions of Ghana. These gold concessions are located in the Sefwi Volcanic Belt and the Kumasi Sedimentary Basin which host significant gold deposits including the 60 million ounce Obausi deposit, the 13 million ounce Ahafo deposit, the 9 million ounce Bogoso-Prestea, the 5 million ounce Bibiani deposit, the 2 million ounce Obotan deposit, and the 2 million ounce Chirano deposit.

Agreement with Etruscan
Under the terms of the joint venture, each company will initially have an equal interest in the project. The parties have formed "Etruscan Haber Joint Venture Limited," a Ghanaian corporation through which Etruscan will manage the project and provide exploration and mining expertise on all the concessions. Etruscan has the option to increase its interest to 75 percent of the joint venture by investing an additional $2.5 million dollars over a period of three years. If this option is exercised, for every three dollars that Etruscan subsequently invests, Haber must contribute an additional dollar to the project in order to maintain a 25 percent interest in the joint venture. Should Haber's participating interest drop below 10%, its interest shall be converted to a 5% net smelter return royalty. Geological teams will begin exploration activities this month. K. Kirk Woodman, Project Geologist, will be the Qualified Person overseeing Etruscan's exploration programs in Ghana. Additionally under the agreement, Haber retains the right to unilaterally explore, mine and process all alluvial gold on the properties, so long as such activity does not interfere with the joint venture's mining operations or objectives.

Also, in the event that the joint venture decides to begin mining operations on the properties, Haber's environmentally friendly Haber Gold Process (HGP) technology would be used under a licensing agreement, provided that Haber can prove its process is at least as economical as traditional extraction technologies. The terms of the licensing arrangement for the joint venture would then be negotiated between the parties. The license would also include granting Etruscan Resources Inc. the right to use HGP technology on any of its other gold processing operations.

[Pro-Life]

We are doin' some diggin' now!!! In the meantime, know that gold/silver is in overdrive right now!!!

[desertdirt]

Do you know why this stock over the last two years has fallen from $2.00 to $0.24 ?

[Soapy Bubbles]

DDing.