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Gold/Mining/Energy : ECGOF: Anyone following this company?
ECX 1.720+3.6%Dec 31 3:59 PM EST

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To: Francois H. Gaston who wrote (231)4/3/1997 11:47:00 PM
From: Kevin Chesser   of 269
 
Michael is right. ECGOF will not soon be a high flyer...despite the hype on this thread. In my recent following of the Company, it has not announced anything substantive about its business. Where is the news of large contracts?

The Company has really dragged its feet on getting its annual report out. When will it be available now? I will not take a position in this stock until I can evaluate the grow of its existing businesses...The Street probably feels the same way.

Why, since at least early 1996, has the Company maintained its "F"? Headquarters and substantially all operations are in the US. Sure they are going to drop it, but why so late?

For these reasons the stock will not move. As much as you may wish for $9, you will have to admit Michael is right.
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