Dynamix Corp (DYX was Dakota Resources, DAK) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Dynamix Corp (DYX was Dakota Resources, DAK)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: violet peterson who wrote (271)	7/14/1997 12:31:00 PM
From: Benjamin Ng	of 587

Monday, 10am Alberta time... finally got an answer at (403) 221-7715. Simply stated, the company is not working any of the properties, and the big thing right now is the gravel deal. Company officials are in Toronto and will know if it's a done deal on Friday. Person I spoke to said there will be a news release the week following if there is a deal, otherwise no release. I've basically concluded that the company has little or no money to work any of their properties, so the only way they'll go ahead with anything is if the gravel thing works out and provides some cashflow. Sounds like it could be boom or bust. I've waited this long... might as well ride it out. I envision two possibilities: (1) it's a good time to buy now since announcement of a revenue source could give DAK's value a boost, or (2) we'll see much of the same if nothing happens. With DAK and their credibility, it'll be a gamble. Mind you, there may be nothing to lose at these low prices... just how much lower can we go? Hopefully we can only go up. Any feelings as to the probability of a deal going through? Any reason it should be one way or the other? Ben

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next