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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.6900.0%2:56 PM EST

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To: MARK BARGER who wrote (2583)7/2/1998 10:20:00 AM
From: Hawkmoon  Read Replies (1) of 2841
 
Well Mark,

I suggest you look at last year's chart pattern and how quickly this stock turned upward. I'm hoping to see at least a portion of that increase as the situation clarifies itself after earnings.

The fact that ECGOF has a potentially lucrative manufacturing contract wherein they act as primary contractor,...

AND that this contract indicates a significant increase in revenue for Fiscal year '98-'99,...

AND that the Sable Island project has strong backing of the Canadian Gov't and thus is not subject to volatility of the global energy markets......

.... I think we have some good upside once confidence is restored.
And I don't see $12 being the limit this time.

Hope I'm not wrong.

Regards,

Ron
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