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Etruscus Resources Corp C.ETR

Alternate Symbol(s):  ETRUF

Etruscus Resources Corp. is a Canada-based exploration company. The Company is focused on the acquisition and development of precious metal mineral properties. The Company’s flagship asset is the 100%-owned Rock & Roll property. The Rock & Roll property covers approximately 29,344 hectares in the Iskut River Valley of northwestern British Columbia, 150 Km north of the ocean port at Stewart. The Property is situated within the Golden Triangle. This area also contains undeveloped gold, silver, and copper. The Rock and Roll property also contains the Black Dog Deposit, a volcanogenic massive sulfide containing a NI 43-101 compliant Inferred Resource totaling 2,015,000 tons grading 2.63 g/t gold equivalent.


CSE:ETR - Post by User

Comment by Rainydayon Nov 24, 2021 10:38pm
152 Views
Post# 34164074

RE:RE:RE:Why the drop?

RE:RE:RE:Why the drop?It also contributes to low liquidity in this stock. Over the last 3 months I only counted 6 days where there was more than 100,000 shares traded. As well, there were many days when the average trade size was less than 10,000 shares (less than $2K). It's hard for a stock to go up when serious investors can't easily buy enough shares to make it worth their while to take a position. I don't know what it would cost to get the shares listed on an exchange like the Venture (nor what the requirements are to do that) but if liquidity increased they might be able to do future financings on much more favourable terms that would justify the cost of getting listed on a more senior exchange.
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