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

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To: Laser who wrote (278)7/17/1997 1:11:00 AM
From: Benjamin Ng   of 587
 
It does look like a play might be starting. According to SCS (Jul 16), it is rumoured that DAK is waiting for the press release to start pushing the play. SCS is giving the stock 2-5 weeks for this round. (As I had mentioned earlier, when I called DAK, I was told that Mr. Bateman is trying to strike up a deal on the gravel pit; if it's a go, then a news release is expected on Monday; otherwise, no release.)

I don't have any more money to put into the stock to average down, but others who do and want to gamble might choose to. My average is 0.48 or so, and my highest is about 0.55. If I can exit in the low to mid 30's, I'll be very content.

I may try to contact the company again on Thursday or Friday. If I get through, any questions/concerns any of you want me to raise?

Ben

PS. Since it is inevitable that someone will ask -- SCS = Small Caps Speculator... it's another one of the many e-newsletter mail-lists out there, available from scs@cadvision.com.
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