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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.52-0.1%Nov 7 9:30 AM EST

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To: hank trabold who wrote (11)11/26/1996 11:00:00 PM
From: Paul Moerman   of 300
 
Hank, good to hear from you. I see the situation pretty much as you describe, although the 12 month stock chart is a bit scary. <g>

Today was encouraging though. Gold was up a few cents and ECO seemed to find some support at the 6 level. I may buy a little more tomorrow at 6 or 6 1/8 if they'll give it to me. Hard to think there could be much more downside risk in this stock, and I do think we will see gold back over $400 in the next 4 months. Good luck!

Paul
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