Dayton Mining (DAY) on TSE & AMEX Message Board

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Gold/Mining/Energy : Dayton Mining (DAY) on TSE & AMEX

DAY 69.00

-0.1%

3:59 PM EST

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To: Sergio Ferreira who wrote (108)	4/5/1998 4:34:00 PM
From: Pierre J. LeBel	Read Replies (1) of 568

Good afternoon Sergio, If you have some money to invest, pick DAY over MAR at this time. As you know, Minorca paid $ 3.20 per share for 12% of DAY a few months ago and will most likely keep on buying until they reach that level again which is 60% above where we are now. Minorca is a good value but they have been using their cash quickly to buy Dayton, McWatters, Tan Range, etc... And the smell from BRE-X is still there. With gold moving towards $ 350 this year and the buying from MAR, I would expect to see DAY return to the $ 5.00 level where it was before it started the last big slide in October 1997. Good Luck and have a very nice day. Pierre. PS - Disclosure: I own both DAY and MAR.

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