Echo Bay Mines (ECO) AMEX Message Board

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Microcap & Penny Stocks : Echo Bay Mines (ECO) AMEX

ECO 35.56

+4.0%

Oct 31 9:30 AM EST

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To: B Hamilton who wrote (5)	2/21/1998 2:37:00 PM
From: TRof WA	Read Replies (1) of 52

After reading the 2/17/98 ..PRNewswire 1977 Results it appears to me it doesn't really matter if gold fluctuates up or down..since ECO has hedged their position. What matters is to keep expenses down. It appears they are making the effort. Since their cost of production per oz. of gold is relativly low..and getting lower, is there any possibility of a buy out?

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