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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.720-3.1%3:59 PM EST

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To: Louie Romano who wrote (2688)7/15/1998 10:38:00 PM
From: Eric O.  Read Replies (1) of 2841
 
Anyone, based on this deal did we break even or did we take a loss?

I thought they invested $20,000,000 in EIFH, hence $20M-$17.2M=$2.8M/20M shares=$.14 per share loss?

Any help regarding the significance of this proposed deal would be appreciated.

Thanks in advance
Eric
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