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

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To: david james who wrote (2354)4/9/1998 5:49:00 PM
From: Nero  Read Replies (1) of 2841
 
Thanks for the reminder that there have been outstanding acquisitions in the past. Like the rest of the market, I have been in a what-have-you-done-for-me-lately mode.

The press release and shareholder protection seems an obvious attempt by IR to draw attention to the low price of ECGOF. Somewhat lame, in my opinion. The $5 million to DBCO might have made a nice buyback and better gotten the attention of analysts and investors. But enough crying over spilled milk.

You make a good case that ECGOF would be a profitable buyout candidate.

nero
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