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Gold/Mining/Energy : ECM.VSE - El Callao Mining.

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To: Abner Hosmer who wrote (1075)12/26/1997 10:44:00 PM
From: Mark K.  Read Replies (1) of 1253
 
Tom ,

Unfortunately i have not been paying attention to ECM over the past 5 months simply because all juniors were suffering and so I assumed that there would be a long recovery period. It appears though that gold may now be making a slow recovery perhaps independently of Korea's/ Asia's problems .

If ECM is only 35-40 % owned by Bema ( I think this is correct ) , does that not imply that the ECM board has a certain strength advantage in view of what appears to be a sizeable and continuing resource ? Is it a question of a board of pushovers or is something else at play here ? Have you talked to any ECM executives ?

Mark K
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