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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.780-3.8%Jan 13 3:59 PM EST

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To: Michael Anthony who wrote (1793)2/27/1998 12:16:00 PM
From: Michael Anthony  Read Replies (4) of 2841
 
Alot of stopp losses taken out at 11 3/8 in a flurry. Now asking 3/8, no sellers at 1/4. The day isn't over yet though :) I think anyone expecting good earnings has to hold. It may be too late Monday to buy back if they are good. Should open over 12 if 1.20 or better comes in. As far as Davie, DBCO would lose the Eco deal AND Davie if this "offer" was serious. IMO, it's FUD. DBCO would be in terrible shape without Eco AND Davie regardless of the 10 mill offered. Eco would get 3.5 mill if the deal falls through anyway. IMO, it's irrelevant except to the price of Eco stock today.
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