Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: david james who wrote (2497)	5/31/1998 1:24:00 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 2841

Thanks David!! However, it seems to me that we should see continued accumulation of the shares in anticipation of this coverage. I mean, let's face it. ECGOF is DREADFULLY undervalued for a company that just placed $120 million in BB- bonds, cleared up its past debt picture as a result, is complying with US GAAP standards, growing at 29%, heading into the busiest part of its season, .... etc, etc, etc. Need I say more? But actually, I kinda feel pretty comfortable holding ECGOF at the moment as I consider it a relatively safe haven from the upcoming market correction that should begin on Monday. We showed a strong bounce off of $6 3/4-$7 so I'm hoping that there will little negative impact on the stock from a Dow drop to the 8,500 level or more which may just occur as a result of a quadruple top in the Dow30. Actually, I would prefer to believe that folks will be looking for some bargains out there and that ECGOF will draw some of that new cash looking for a safe home. Regards, Ron