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Gold/Mining/Energy : ECM.VSE - El Callao Mining.
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To: Abner Hosmer who wrote (1112)1/30/1998 7:54:00 PM
From: yosi s  Read Replies (1) of 1253
 
ECM is a junior exploration co and is valued at such compare it to argosy AGO or numerous other. yet with ecm you have less risk of ability to raise money. there are junior out there with great properties but they can not raise money to proceede. so with ECM you are protected they are able to contiue with exploration BGO will Bank roll it and if you see the placement in past, they paid premium to market. Junior when they make placement in the open market sell at discount.Yes ecm will be bought out but you will get premium to market price. This is why bgo is not taking azs and ecm now. They will swap once the environment is better. But that is the price you pay when you get into ECM security now upside potential which here is huge . Only down size is if you do not like. BGO.

may be you want to look into Lyon Lakes Mineral LLL on M. they got property in Costa Rica and are now producing they got great exploration potential.And are independent.
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