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Ron Meisels Etruscan Resources Inc EET-T WAIT Feb 14, 2007

Had a very interesting breakout out of a wedge formation in early 2006. That is excellent as it exhausted the sellers. Now into another kind of a wedge formation. Wait on till it breaks above $4.50.

Ron Meisels

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$4.030

Stock price when the opinion was issued

metal mines

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BUY

Its an enigma why it isn't getting more popular support. Gold assets look good. Expects strong gold production as the projects come on stream.

TRADE

Formed along base and had an upleg in 2002 followed by a correction and another upleg in 2003 and is now in a small trading range. If they can break out, it could be on its 5th wave up.

BUY

Have accumulated an interesting group of gold properties. The alluvial diamond holdings in South Africa are extremely promising.

BUY

Have a lot on the go. Very good projects. Strong management and technical people.

WEAK BUY

On the 1 year chart, it was in a downtrend which was broken, but has dropped to the support level again. On the 5 year chart, there was a big long uptrend from 2002 which indicated periodic tests. Has had a lot of trouble getting past $3. Expects the uptrend will hold. Fairly common on golds recently.

BUY

Have made what appears to be a significant discovery in Mali.

WATCH

Have a project in Mali, West Africa. Just announced a discovery that looks to be very good. Has the potential to be a very large discovery. With a $400 million market capitalisation, to make a discovery that is going to make a significant difference, it has to be truly large.

BUY

This is one of his favourites. Very promising

BUY

Just made a discovery in west Africa that could be very significant. Initial drill results were very good. As the develop it, it will add a lot more value to the company. Have other assets, which gives downside protection.

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Ron Meisels Etruscan Resources Inc EET-T WAIT Feb 14, 2007

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