Echo Bay Mines (ECO) AMEX Message Board

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

ECO 33.04

-3.9%

12:00 AM EST

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To: Matt Nickels who wrote (12)	3/27/1998 10:41:00 AM
From: Aaron K. Dhiman	Read Replies (1) of 52

Yeah, that makes sense. I am just trying to arrive at the point where the POG can no longer fall b/c supplying would be unprofitable for the majority of producers. Obviously, this depends on their hedging strategies as well; so, it is really impossible to guestimate this number respectably. Looks like we won't have to worry about much more of a decline anyway b/c gold has steadied and mining shares are propping up a bit. Why do you suppose the renewed interest in mining stocks lately, just realization of the potentials from funds? Upsets me a bit b/c my bid for ECO at 1 15/16 never got filled. Oh well, should have pulled the trigger after ECO was dropped from S&P. Aaron

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