| Business Summary | | European
American
Resources
is
an
exploration
stage
company
engaged
in
the
identification,
preliminary
evaluation,
and
investigation
of
natural
resource
properties
believed
to
hold
potential
for
gold
and
other
mineralization.
Since
inception
in
1987,
the
Company
has
acquired
various
mining
rights
and
has
held
up
to
as
many
as
approximately
6,700
patented,
unpatented
lode,
mill
sites
and
placer
claims
on
certain
properties
located
throughout
the
State
of
Nevada.
During
2000
the
Company
controlled
638
of
such
claims.
At
December
31,
2000,
the
Company
had
interests
in
joint
ventures
containing
103
of
the
109
claims
it
now
controls.
Since
acquisition
of
these
properties,
the
Company
has
not
commenced
any
extractive
mining
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | European
American
Resources
is
an
exploration
stage
company
engaged
in
the
identification,
preliminary
evaluation,
and
investigation
of
natural
resource
properties
believed
to
hold
potential
for
gold
and
other
mineralization.
For
the
six
months
ended
6/30/01,
the
Company
reported
no
revenue.
Net
loss
decreased
8%
to
$504
thousand.
Results
reflect
the
absence
of
a
$61
thousand
operating
expense
and
a
decrease
in
stock
based
compensation
charges. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Mark Beloyan | Pres,
CEO, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|