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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.875+3.3%1:19 PM EST

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To: Sparky Beardslee who wrote (1643)2/9/1998 2:17:00 PM
From: MARK BARGER  Read Replies (1) of 2841
 
Sparky, I agree. More info. is needed before the big boys jump in
(or off). I am a long term bull on ECGOF, but I also have serious concerns about this deal. ECGOF will have interest payments in the range of $8 mil. a year from this deal. DBCO is currently losing money. So, I am interested in hearing how ECGOF plans to turn this ship around and make them accretive. I have no doubt that they can do it, but will feel better once more details come out.

I would really like to see something about a conference call coming out in the next month. A lot of questions concerning ECGOF's upcoming year could be addressed. Either that or have Mike go on another of his famous "road shows".

Mark

mark
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