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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.865+6.9%12:59 PM EST

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To: david james who wrote (1228)12/11/1997 4:16:00 PM
From: Mark Savino  Read Replies (1) of 2841
 
David,

When you talked with Halef, did he mention when the contracts for the Sable project will be awarded? I think that some contract announcements on major projects are sorely needed to assure people that ECOs future growth is substantiated. I think that the market conditions combined with a lull in news from ECO has shaken many people out of this stock. Lets hope the contract awards are concurrent with a market rebound and new analyst coverage. January should be a good month for all this to occur if the Asian crisis can be somewhat contained by the end of December.

Mark
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