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Gold/Mining/Energy : Dynamix Corp (DYX was Dakota Resources, DAK)
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To: violet peterson who wrote (221)4/16/1997 1:40:00 AM
From: bill718   of 587
 
It's depressing alright Violet, but keep in mind the BXM fiasco is killing many very promising stocks right now.

QTR, PFG, GNU, YRI, SJD, ANZ, CLL are all examples of very under-valued stocks at this time IMO. Further, outstanding news releases by high quality companies are being met with a big yawn followed by a price drop.

It is no surprise that a little co. like DAK is low too, and that the market yawned at their news release also.

On a positive note, I am thinking the latest corporate shift by DAK might not be so bad after all. There really is a big market for the type of facilities planned for the future in the Toronto area. I saw a TV show just recently about someone who was doing this sort of thing and the co. made a killing - still growing by leaps and bounds.

I guess the only down side is we might have to wait a long time to see good growth (unless something else happens in the meantime with the properties in NWT or Mexico).

Anyway, the price is much too low to dump now unless you really have to IMO. Ditto for most stocks, and pray long and hard that
BXM really does have over 70M ounces or all the Cdn. mining juniors are in trouble for a while. My friends and I are going to have to rent a helicopter if that happens, that is if we can scrape up enough cash between us. :-)

Regards,
Wayne Wolinski
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