ETC Industries <EIL-V > - Gold - Peru Message Board

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Gold/Mining/Energy : ETC Industries - Gold - Peru

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To: Sergio R. Mejia who wrote (154)	8/12/1997 9:50:00 PM
From: John Fairchild	of 244

From Stockman's forum - Aug 12 SteveH wrote. EIL has languished of late but I believe is due for an upward move because the price seems to have factored in drilling results on the subsequent holes of MATA MATA were apparently not as good as the first hole. Yet rumour has it that a new find with greater potential will be announced shortly. This should carry the stock to previous levels, if not higher. Technically the stock is trading in a narrow bollinger band and touched the bottom band at .15 on Thursday last week. It jumped .03 on Friday to .18 and may continue this posit 2 position through four more days to a high in the mid to high .20's. Queenstake seems to have jumped up on no news and my hope that this is related to eil as well.

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