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Gold/Mining/Energy : ECGOF: Anyone following this company?
ECX 1.800-6.7%Jan 30 9:30 AM EST

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To: david james who wrote (203)3/26/1997 12:33:00 AM
From: Gemini   of 269
 
Dave, I agree with you that the downside risk is minimal and the "upside potential is tremendous". ECGOF's fundamentals are excellent particularly in relationship to the rest of the industry. Everyone agrees the stock is greatly undervalued. Michael's comments about the stock not performing according to everyone's expectations over the past six (6) months screams that he has a total lack of patience. The stock price will eventually catch-up and surpass the rest of the industry because the CEO has been making the right moves based upon an excellent trackrecord of revenue and income growth. The company has had a "credibility" problem. Hopefully, once all the facts are presented in an annual report and in SEC submissions that problem will disappear and we'll all be on the right track to much higher returns for those of us who remain patient. Best of luck to all, Allan
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