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

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To: Jamie who wrote (440)2/28/1998 11:07:00 AM
From: Laser  Read Replies (1) of 587
 
Hi Jamie,

Been out of the loop for a bit. Looks like the Iraq thing is settled for the time being. I don't think it would have effected DAK unless it turned into a long drawn out war. Would be different if we were a producer. DAK's share price seems to have solid support in the low twenties, perhaps failed deals in the past are still haunting us. Once we get the cash flow established and can produce some decent quarterlies, our share price will start to appreciate. Might take some time though, seismic activity will be slowing down for spring break-up and the low crude price isn't helping any either. We may have to be patient for a little longer. All things considered, we have some great fundamentals going for us, and '98 should be our come-back year. Best of luck,

Leonard
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