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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Frank Pembleton who wrote (93739)	8/15/2001 8:33:10 AM
From: Roebear	Read Replies (1) \| Respond to of 95453

FrankPembleton, Agree that ECO has weak fundamental and is speculative. However, like some of the other "option priced" golds, it offers a high rate of appreciation were gold to show some spunk and indicate the potential (potential is sufficient for a nice bounce) or the real ability to climb over the $300 barrier. TA on ECO is pretty nice and I believe they have made some progress on the debt, though I would have to do more recent DD to make certain and I can't now as I have some business this AM. Specualtive but viable during a gold bull, IMHO I really like the ones you mentioned and a few others I can't mention yet. In 60% since Monday, Roebear

To: Frank Pembleton who wrote (93739)	8/15/2001 12:48:37 PM
From: Davy Crockett	Read Replies (1) \| Respond to of 95453

Hi Frank, My guide to buying gold stocks usually consist of companies that are; debt free, cash in the bank and massive reserves that are located in North America, Canada preferably I agree with you 100% on a fundamental basis, but IMO, one can wait a long time for the fundamentals to kick in, only to be negated by the prevailing current market sector sentiment. I own ECO as well, I agree it is very speculative, as are most other Gold stocks in my portfolio. However, I have made the decision to have exposure to certain Gold stocks that are cross-listed on a U.S. exchange, in order to benefit from the higher value that U.S. investors place on a perceived 'favoured' sector. Regards, Peter