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Gold/Mining/Energy : DYNATEC CORPORATION (TSE & ME - DY)
DY 410.76-1.1%Feb 10 3:59 PM EST
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To: Richard Nash who wrote (2)4/17/1998 12:47:00 AM
From: marcos  Read Replies (1) of 148
 
Richard - I have some dy, got some as a dividend from Sherritt and just bought a little more lately. It seems pretty crazy where it's trading, they have more than 20 cents in cash and trailing earnings are .05. I agree with pavlov about the screw-up on the dividend deal, it wasn't handled well at all. The same fall-off after the issue seems to have happened with ted (ThermicEdge) which was just spun off Westaim, which was itself spun off Sherritt. Westaim fell off after the issue too. Delaney is still on the board of wed, I find myself wondering if he is somehow motivated to see them fall off like that.

Haven't studied Dynatec well yet, just enough to decide whether to dump the ones I was given or buy more, and I bought more.

........ cheers .......... marcos

PS - just followed your bio to Founders and mdre - I like Founders, just started buying, sort of waiting right now to see if comes back to the low .90s. Re mdre - I completely agree with you #reply-4036017 - in a fit of stupidity I bought some a couple months ago and just finished selling, almost a three-bagger on average, got lucky ... but it's still stupid to mess with those OTC 'stocks', you can smell manipulation all over them
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