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Gold/Mining/Energy : Fairmile Gold
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To: Ronald who wrote (3695)10/8/1998 10:52:00 AM
From: John M. Willis  Read Replies (1) of 4057
 
Why would Echo Bay walk away? Given the market conditions at the time and Echo Bays financial state of affairs, it would seem, to me,to be the prudent course of action. Checked out their financials, not good,but this is not Echo Bay specific.
FLA, most certainly is not a world class deposit but at .07cents.......in my opinion, this is a no brainer. Even if it goes to .14 cents, it's money in my pocket. Is there risk in buying this stock? You bet, but that's not FLA specific either.
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