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Gold/Mining/Energy : Dynamix Corp (DYX was Dakota Resources, DAK)
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To: Donald F. DeKold who wrote (51)10/18/1996 1:33:00 AM
From: Benjamin Ng   of 587
 
It's good that DAK does release news on schedule as reported by Bob Bateman. Is anybody familiar with J.F. Touborg? As mentioned earlier, Mr. Bateman said Touborg normally receives payment up-front, but is making an exception in this case (sign of high confidence?).

For some reason, it looks like the posted release (provided on Canada Stockwatch) is abbreviated from the "official" release. The one I received by fax from the company included a few other details (albeit redundant from previous releases).

It mentions that J. F. Touborg is an expert in geological satellite imaging, and that they utilize a trade secret technology.

Furthermore, it again brings mention to the fact that:
"Dakota had previously announced that it had been informed by a
NY-based investment banking house that its mining projects in
Mexico and Bolivia had been reviewed and approved for a major
US-based underwriting of the Corporations Common Shares."

Also, Touborg will also be involved in verifying reports from a Mexican geologist that the Corporation's recently acquired Chihuahua property (300 ha) contains 2M tons of 0.3 oz Au/ton. Says Mr. Bateman, "As far as we are concerned, we must receive verification from Touborg before we are able to claim we have those reserves."

Ben
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