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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 (2747)11/6/1998 5:51:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 2841
 
From the frying pan into the fire....

Well, given the depressed price for natural gas and oil, I can see why the clients would be having difficulties making payments.

Oh well..... The stock will likely see sub-$2 within the next several weeks since this was supposed to be their "gravy train".

Wonder how they will service the $120 million in debt they took on in order to provide the working capital for the Amethyst projects??

I think I'll un-bookmark this thread and forget this ugly little company that can't seem to get it right.

Regards,

Ron