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

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

ECX 1.660

-0.3%

3:59 PM EST

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To: Hunter Vann who wrote (2067)	3/6/1998 4:14:00 PM
From: Mark Savino	Read Replies (1) of 2841

I certainly am disappointed that ECGOF didn't make $1.20, especially since I own March 10 calls, but that was my risk/reward decision, and my disappointment CANNOT be translated into a rationalization that this is a sh*t company. I believe that the veil has been removed from ECO, and after the audit from a respected firm, many institutions may now have a green light to proceed with an investment. I think that people may feel more comfortable now at least knowing the results of the year, which by most standards were excellent. Now that the gossip is over and only the hard numbers remain, ECGOF can eek out its true fundamental value. By the way, an investment company that I have an account with was pushing ECO very hard this morning trying to take advantage of the selloff. Mark

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