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

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

ECX 1.795

+1.1%

11:56 AM EST

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To: sfh who wrote (2713)	8/17/1998 8:17:00 AM
From: Hawkmoon	Read Replies (1) of 2841

sfn, Well if you're still in it, I don't see any reason to sell out now, unless you have a better opportunity to apply the money to. ECGOF will face a lot of upward resistance as folks like yourself bail out on any major upticks. And eventually, if this production contract holds together on the Amethyst platforms, there should be decent earnings down the line. However, there is always the situation of DBCO and its bankruptcy hanging like a cloud over this contract, despite the assurances from ECGOF that it doesn't pose a problem. Somtimes you have to let go, but don't do it unless you have a stock that you believe is heading for some nice upside, which is hard to find in this market. ECGOF will likely become a buyout opportunity in a hostile takeover. Regards, Ron

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