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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.52-0.1%Nov 7 9:30 AM EST

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To: B Hamilton who wrote (104)6/16/1997 11:33:00 PM
From: Paul Moerman   of 300
 
Hi Brien. I think patience will be rewarded. I've traded some of my position but retain a small core position at around $8 that I'm willing to hold at least a year. Don't know about buying more though. I have about 15% of my overall portfolio in several gold stocks, and think I'll not add to my misery in case gold prices languish for several more months. If I only had a few % of my portfolio in gold, I'd be more inclined to average down at current prices. Good luck with Echo Bay!

Paul
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