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Gold/Mining/Energy : Dayton Mining (DAY) on TSE & AMEX
DAY 69.05+0.1%Nov 25 3:59 PM EST

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To: phoenix_investor who wrote (112)4/6/1998 9:58:00 AM
From: andy  Read Replies (1) of 568
 
to all-I have been successfully trading dayton for two and a half years and consider it a good company.However since minorca became involved with dayton the price strength has dissappeared and the stock price no longer tracks the price of gold. Don't know alot about minorca but it must be distrusted by the investment community and I wish they would have left day alone.It would also appear that minorca has used manipulation to aquire the additional shares it most recently purchased i.e. it appears they drove down the price of the stock to panic investors and then scooped up the stock at a discount. There were a couple of large volume days where it was clear mar was buying but instead of their demand lifting the stock price the stock went down greatly and then finished unchanged or slightly down .i.e.manipulation. With such manipulation it is no wonder the stock didn;t go up last week with the price of gold as investors are wise to stay clear. If the share price does not go up today(gold up about $5 overnight) I am going to sell my holdings and move on never to return to day.
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