American Eco (ECGOF, ECX on Toronto exchange) Message Board

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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

ECX 1.800

-6.7%

Jan 30 9:30 AM EST

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To: MARK BARGER who wrote (1642)	2/9/1998 2:05:00 PM
From: Sparky Beardslee	Read Replies (2) of 2841

Mark: sorry; I guess I am so optomistic regarding ECO that the word exciting popped in my mind. There is an absence of buyers until more news is out, and yes, the bid is slipping on low vol which sets up a nice reversal later in the week. The market is heading for 8000 which is needed before we can go to new highs, this does not help. As for DBCO, I am not pushing the buy button yet as I am still watching. My feeling is, ECO will be paying more than $2 for them, and I doubt they will get them for less than $2 so there is little downside risk here. The next few days may be a bit depressing if we cannot hold a firm bid. Sparky

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