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

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

ECX 1.705

+0.9%

10:53 AM EST

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To: Nero who wrote (2568)	6/26/1998 3:31:00 PM
From: Hawkmoon	Read Replies (4) of 2841

Well, at least we're seeing an increase in volume and maybe we'll see a volume reversal. I spoke to ECGOF about 2 hours ago and they had no explanation for the price action. What I really don't understand is didn't McGinnis appear at an analyst's meeting a couple of days ago? Can't speak about DBCO, except that I understand that any money they receive goes through ECGOF on the Amethyst drill rig contracts. And that means that ECGOF must be receiving a cut of DBCO's revenues as well in contracting fees. ECGOF has got be one of the strangest enigmas I've yet invested in. The price of this stock is COMPLETELY UNDERVALUED relative to its earnings growth over the past 2 years and what looks like good earnings ahead. Regards, Ron

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