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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))? -- Ignore unavailable to you. Want to Upgrade?

To: B Hamilton who wrote (243)	1/16/1998 9:35:00 PM
From: John Stopforth	Read Replies (2) \| Respond to of 300

B Hamilton Taken off the S&P 500 would explain the huge volume and price fall. Many index fund managers have to sell. Thanks John

To: B Hamilton who wrote (243)	1/17/1998 12:52:00 PM
From: I_C_Deadpeople	Read Replies (1) \| Respond to of 300

I just spoke to someone who got laid off at Lupin, he said the RUMORS are running wild up there and the biggest one is that Echo will declare bankruptcy.... "laid off" may be an inappropriate word, most workers have been given a severence package as they were told that the mine will be closed for AT LEAST one year... Please do not take my head off for posting this, I own no shares, I short no shares... I only wanted to let all on this forum know what the talk is at the Lupin site...probably an overreaction but no doubt some investors and some institutions are bailing out... EW