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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.56+1.5%Nov 6 4:00 PM EST

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To: Alex Burns who wrote (175)11/17/1997 9:10:00 PM
From: Roebear  Read Replies (1) of 300
 
Alex, Whew! And we thought it was oversold at 3 1/2? It could be worse we could have PGU, - 60%!!!!! Actually I did have PGU but sold that one about six weeks back near even. Glad of that but I am a bit disappointed in ECO, after surviving quite nicely in this gold bear since early this year I got smacked pretty good the last few days in ECO. Were we expecting a bounce a few days ago?
Now that the market has got my attention, kind of like the mule and 2 x 4 story <g>, I am really interested in your thoughts on this stock. The company does not seem in danger of insolvency, its stock price should now be near/below book and if Morgan Stanley thought it was more fairly priced at 3 7/16 it should be getting near a raving bargain now!
Comments?

Roebear
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