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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 34.13+1.8%4:00 PM EST

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To: Paul Moerman who wrote ()11/22/1996 7:07:00 PM
From: Scripts   of 300
 
Hi.

The reason I have not bought Echo Bay is that they usually are heavily sold into the future in my experience. So if gold was at $420 they would be selling for less and not participating in the increase in gold price. Also for some reason they seem to pay big dividends and the price always seems to suffer. Finally they keep spending what remains for exploration. Now they are "working" with an outfit called Minefinders. You can read their press releases on Canada News Wire and get the details.
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