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

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

ECX 1.670

-1.8%

Dec 12 9:30 AM EST

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To: Kevin Hamlin who wrote (2638)	7/7/1998 7:21:00 PM
From: Hawkmoon	Read Replies (3) of 2841

Well Kevin, you may be right but in the end the decision was with the Mrs. And I'm not sure the worst is over. This stock was a $14 last year and an entire year of mismanagement and inattention to the daily task of running a business in maintaining momentum has been destroyed in the process. We're all disappointed in this company and the stock dilution, bungled acquisitions, and now the fact that this company is regressing 24% in revenue/share growth instead of 29% growth. If we're disgusted and worried, how do you think the bondholders feel?? And how to you think ECGOF's clientele feel about this vendor's ability to bring the Amethyst project in on time and on budget?? If I was the CEO of that project, I would be looking REAL hard at ECGOF's credibility about now. Yeah.. it's easy for me to say this now because I'm no longer in the stock and have an ax to grind over the financial laceration I took on this "falling knife", but I smell a class action lawsuit in the air, or was I the only one thinking this when I got blindsided and cold-cocked by this atrocious earnings letdown?? The fact that ECGOF KNEW it was looking down the throat of a $2.4 million charge for terminating this loan should have prompted them to do damage control THEN, not now. There is cause enough for most shareholders to sue in itself. I remember several weeks back a respected member of the #daytraders channel stated quite bluntly that ECGOF was a scam. I'm not quite prepared to say that, but I certainly believe someone was told something before the general public was. ECGOF needs a MAJOR shakeup and shakedown. And it will require an outside force to make that happen with confidence. Btw, IR did attempt to reach me this afternoon but I was out. Geezus... sometimes you feel like you just can't win. Regards, Ron

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