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

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To: Wats who wrote (428)2/2/1998 12:27:00 PM
From: Benjamin Ng  Read Replies (1) of 587
 
I just hope this run-up isn't due to "hype"; this company does deserve to see higher values than it has for a long time, but when a company's price shoots up as a result of Internet promotion, I've only seen it drop just as fast as it peaked.

I think 0.95 in SCS is a bit optimistic, but I definitely wouldn't mind if DAK goes up on its merits and can hold it. I'm a lot more cautious with stocks now, but it's interesting that I initially got in on DAK about a year and half ago at ~0.55 because of SCS.

I agree with SCS's last paragraph crediting Richard LeBlanc with what he's done with DAK though. Although I haven't been in contact with the company in some time, the times I did speak with Richard, he's always put all the cards on the table. Not to discredit Mr. Bateman, but historically, DAK often did not follow through on deals. Now we're seeing a lot of deals materialize which could wake up the bear.

I'm sure we'll all be watching this one in the days to come.

Bon chance, mes amis
Ben
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