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

To: Duncan who wrote (1777)2/26/1998 1:07:00 PM
From: Peter H. Mack  Read Replies (1) | Respond to of 2841
 
Duncan...

I was beginning to come to the same conclusions.. The combined company may well have better business probabilities because of current opportunities coming up with Sable and Terra Nova. Geographically Davie is in an excellent position.

The comment that there is a need for 450 drilling rigs internationally sounds exciting. If memory serves correctly, there is a lot of discussion about deep water rigs in the Reading and Bates (RB) 10k.
These rigs are getting to be tremendously sophisticated and expensive.

regards
pete



To: Duncan who wrote (1777)2/26/1998 6:07:00 PM
From: JimieA  Read Replies (1) | Respond to of 2841
 
From Dominion Bridge's Dec'97 10-Q

"As of December 31, 1997, the Company's backlog, representing the uncompleted portions of construction and engineering contracts, was $512 million including $178 million for the work to be done on the platforms at Davie during 1998."


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