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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 33.52-0.1%Nov 7 9:30 AM EST

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To: Paul Moerman who wrote ()2/24/1997 12:57:00 PM
From: roberto cammarota   of 300
 
I've owned Echo in the past. It's a good cyclical play. Sound company, ever expanding, recent releases on Yahoo thread. Whenever there is an upside or downside on the gold market echo is there. It has sat tight for the past 3-4 months in the 6.25-6.75 range and in the past week or two has started to make a move on some good size volume. Could be because of the background rumblings of higher interest rates and inflation or the time has come to make a play on gold, either or I think it's a good time to buy into gold, echo is on it's low end lowest being 5.75; highest being 14+. I have been waiting for the upturn and have finally bought back in. In my opinion only; it seems as thought that 7k mark gets things a little scary and all the better to be sitting on some gold stocks. I guess if you want to check the charts and stats they would probably say; who knows???

good luck
Roberto
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