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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?


To: david james who wrote (1240)12/11/1997 6:15:00 PM
From: MARK BARGER  Read Replies (1) | Respond to of 2841
 
Hey, is it just me or do I suddenly sight a small glow of light at the end of this dark, long tunnel. The additional analyst coverage is exactly what this stock needs to jumpstart it. Hopefully it's undiscovered days are numbered! It has been a test of patience owning ECGOF the last couple of months. The company puts out more and more good news and the future of the company looks brighter and brighter while the stock price slowly slides into oblivion. Small investors like us have to work hard to discover hidden gems like ECGOF, knowing that their time will come to shine. I'm almost sure I will be getting a margin call
on this baby, as I loaded up in the 11-12 range, thinking that it was only headed northward from there.

I did find out that one mutual fund that owns ECGOF is a First Union
bank fund called the Evergreen Mid-cap fund. I have tried to speak with the fund manager to get his thoughts on ECGOF, as they own
25,000 shares bought around May. Of course I found out the fund manager would not speak to me about their holdings.

Looking for better days ahead

Mark



To: david james who wrote (1240)12/11/1997 10:13:00 PM
From: srvhap  Respond to of 2841
 
David, thanks for all of the information you have provided here.
I came across the following link which provides a decent set of market
info. Good graphics, and analysis on equities.

investools.com

This is the way they describe Ecos business:

American Eco is a leading provider of single source
construction, management, maintenance, and
environmental remediation services in the refining,
petrochemical, utility, and forest products industries in
North America. The company's services include the
removal of asbestos and lead from commercial buildings,
soil remediation for petrochemical customers, groundwater
contamination treatment, project and construction
management, surety bonding assistance, and mentoring
and claims mitigation services. The company operates
through more than 10 subsidiaries throughout the US and
Canada.