Gold Exploration in West Africa

[FL]

Afcan being acquired by Eldorado Gold

The following press release of May 31 says that Afcan Mining Corp. (AFK.TO) is to be acquired by Eldorado Gold Corp. (ELD.TO, and EGO on the American Exchange):

http://www.afcan-mining.com/pressreleases%5Cenglish%5C2005%5C2005.05.31%20Afcan-%20Eldorado.pdf

Afcan's main emphasis shifted to China a while ago, but it still has some gold properties in Mali and Sierra Leone. It's not clear whether Eldorado will take much interest in its newly-acquired West African assets. If not, then maybe some other, active company should make an offer for them.

FL