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Gold/Mining/Energy : Dakota Mining DKT
DKT 25.000.0%Dec 27 4:00 PM EST

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To: Lightning who wrote (134)10/7/1999 8:19:00 AM
From: bob k  Read Replies (1) of 141
 
Lightning, I'm totally in the dark regarding current happenings with Dakota Mining. I have been requested to forward all my historical information to the Gold Anti Trust Committee (GATA) with Bill Murphy and John Meyer. The last contact with them regarding DKT was a few days ago and they stated that they were actively looking at DKT from a legal standpoint. They may have additional information that is being retrieved during their discovery process.
Remember, DKT covered all of their hedge positions and carried approx. 15 mil debt at bankruptcy declaration time. Certainly not a big hill to climb with their capability to produce 200,000 oz at $240. corporate costs and unhedged in this market. In todays gold market and near hysteria, You probably know someone in your town that can buy the whole shooten match that would represent pocket change to them. For information, you can contact John Meyer or Bill Murphy at lemetropolecafe.com for their current actions.
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