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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
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To: MARK BARGER who wrote (222)7/18/1997 8:43:00 AM
From: Harry_Behemoth   of 2841
 
I agree McGinnis has done a masterful job thus far with acquisitions. I was surprised with the internal growth of these companies and their prospects, particularly SRS. I'd like to know more the prospects for Chempower. I think Chempower adds a degree of stability due to their longer term contracts.

I'm trying to remain realistic in expectations, but sure looks like a winner in the long term. As someone stated earlier, even if the PE does not advance significantly, a 25-30% rate of earnings growth would translate into nice returns.

Would sure like to see some increase in share value -- would help alot for new acquisitions.
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