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

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

ECX 1.665

-7.5%

Dec 22 3:59 PM EST

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To: david james who wrote (2147)	3/12/1998 11:06:00 AM
From: MARK BARGER	Read Replies (3) of 2841

The smart money is buying at these levels. I have recently lightened my position in ECGOF, managed to sell about 1/3 of my holdings around 9 7/8. I still see this company above 15 by year's end, IF the DBCO acquisition can be made to be accretive, and ECGOF's can overcome the CC debacle and gain some respect from some new institutions. I think Mike realizes he needs some additional help properly running a $1 bil. company. The $.12 miss with no warning is inexcusable, but I think this is a red alarm wake up call that it's time to get serious about tightening up the administration in ECGOF. Sounds like business is still great, we just need to get some respect back from Wall Street. David, I agree, it looks like MM Industra will contribute at least 50 cents to earings in '98. While I am dissapointed in management, this sector is due to explode sometime this year, and ECGOF should go along for the ride. Good luck all Mark P.S. just saw a 10,000 share buy at 9 5/8, maybe this is the turnaround we're looking for.

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