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

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To: LesX who wrote (205)12/12/1997 9:52:00 PM
From: B Hamilton  Read Replies (1) of 300
 
ECO in Russia

I've only been working here for a couple of months, so I havn't had a lot of time to see all of what is going over.

I do know that more has been going over than has been coming back. The equipment that came back, ( and what got me to notice it was ECO) was the tractor unit I described in my previous msg. I saw that it was ECO from some INTRANET messages. It looks as if it has been used to near distruction. I was told that it went over about six months ago, ( I may be wrong on that info.) We have been getting lots of silver ore coming back in 20 foot containers. The ore is usually stored in 1/2 meter X 1/2 meter X 1/2 meter Bags inside the container. This cargo has been coming from the OMALON district in the Magadon area. I believe this is a joint venture with Amax Gold.

That's all I know, but would like to find out more.

I bought ECO at 8 13/16, 2 3/4, and 2. Thinking putting some into ABX. They are nagotiating a buy into the SUKHOI LOG project. Which is est. to yield 2 Million oz/yr at $200 per oz.

Good Luck
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