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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 35.56+4.0%Oct 31 9:30 AM EDT
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To: long-gone who wrote (273)8/10/1998 12:42:00 AM
From: B Hamilton  Read Replies (2) of 300
 
The company said they were changing their focus to get more silver production. Looks like it is happening as planned Echo has been holding on at $2 as others have been dropping.

Info out of Russia. Mining companies there are now able to sell gold outside the country when the Russian Government will not. I don't know if this will put more gold on the selling block and drop the price or if it will bring the share price, of those companies that are in business overthere, up. ECO has exposure in Russia.

Good Luck,

BH
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