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Microcap & Penny Stocks : Echo Bay Mines (ECO) AMEX -- Ignore unavailable to you. Want to Upgrade?

To: JLIHAI who wrote (42)9/27/1999 10:06:00 AM
From: JLIHAI  Read Replies (1) | Respond to of 52
 
Nice rally in gold today....ENFIN!!!

I'll have to do a little research to figure out what ECO's break-even point is on gold price.

JL



To: JLIHAI who wrote (42)1/10/2000 11:45:00 AM
From: JLIHAI  Respond to of 52
 
I was reading some of ECO's news releases off their website over the weekend.

I was getting the impression that some costly work on one of their mines is nearing completion. This may result in a production increase and a lowering of their cost per ounce, which could improve their earnings by narrowing their loss.

The amount left on their revolving credit facility leads me to believe they are at least in no imminent danger of going under.

JL


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