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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Eastern Company EML

Industrials
The Eastern Company manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. The Company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers needs in the commercial transportation and logistics markets. It designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. It offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc. is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.


NDAQ:EML - Post by User

Eastern Company > 239MM shares os now.
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Comment by JohnS212on May 20, 2008 9:41am
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Post# 15088586

RE: 239MM shares os now.

RE: 239MM shares os now.With a market cap of only $55 million, I doubt the new management group would see any strategic wisdom in a reverse split. I was intrigued to see that Mr. Major, the new COO has a background in Russian natural resources. That automatically turns my attention to Brazil- where the industrial resources (Iron Ore, Manganese) for Ecometals
are located. Given the scramble by the steel industry for feedstock, this is important. I have also been following a web site named "Inca Kola" news. It provides very insightful reviews of Latin American economics and politics, including  a comprehensive review of the political situation in Ecuador. The site believes that the Ecuadorian political situation impacting mining will be resolved more favorable to industry than many now believe.
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