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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: Paul Moerman who wrote ()8/1/1997 3:25:00 AM
From: Gerald Walls   of 300
 
Does anyone have an opinion on this company's prospects in the next six months? ECOAU (Jan 7-1/2 calls) are looking cheap (3/16x1/4) if one believes that gold will recover by winter.

If I remember correctly ECO deliberately doesn't hedge much so that its stock price will be closely related to gold prices.
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