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

To: Harry_Behemoth who wrote (1614)	2/7/1998 12:11:00 PM
From: david james	Read Replies (1) \| Respond to of 2841

"30 million cash (mentioned in article) + $2/share x 31.5 shares = 93 million." I think that is a very likely scenario. Would explain the movement of the DBCO shares the last couple weeks. Sounds like DBCO is in a very desperate situation needing cash immediately to run Davie etc. Although that is not a price that would thrill many DBCO shareholders, the company may not be in a situation where they can hold off very long waiting for a better offer. But who knows? I am sure that the lawyers are busy with agreements regarding golden parachuttes, guarantees regarding how that $30 mill is spent etc. David