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

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To: Wats who wrote (289)7/18/1997 12:25:00 AM
From: Benjamin Ng   of 587
 
What?! You sensed a bias? O:-) I just re-read my post and surprised myself with the editorial comments. Heehee. When I got off the phone, I was less encouraged about the company and its worth. I guess I just felt tired of giving DAK the benefit of the doubt too many times over.

My apologies for not being more objective in post #285. Delete my personal comments in and essentially you have the raw content of the information I obtained from Sam. I should have withheld my editorial utterings since I am not trying to slam DAK (which would be counter- productive as DAK makes up about half my portfolio), but to issue a "caveat emptor". I urge shareholders to call the company 403-221-7715 since it looks like calls are finally being answered (the two times I called this week, it was around 10 AM mountain time). Hear it for yourself, and ask questions!

I'm sure in the long-run, it could go either way. It's just that in judging a company and its present direction, we only have their track record to go by, and frankly, it's been discouraging!

Unfortunately, only now have I begun to do my DD by digging up what I can. I jumped in around the time that the hype was at its peak (end of September '96), and people were claiming profits from Coleville (CLL) investors would spill into DAK. I can really blame nobody but myself for my gullibility and inexperience when I started investing. The textbook was right -- go read it: "Rampaging Bulls: How to Outfox the Promoter in his Own Game" by Alex Tadich. DAK is a classic example of the stocks described.

Anyway, it's good to see people on both sides of this issue. As long as we're straight-forward and honest, it sort of balances out the dialogue.

Ben
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