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Gold/Mining/Energy : Dayton Mining (DAY) on TSE & AMEX
DAY 69.10+0.1%Nov 28 9:30 AM EST

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To: James F. Hopkins who wrote (183)5/16/1998 8:52:00 AM
From: Pierre J. LeBel  Read Replies (2) of 568
 
Hi Jim.

It will do just fine. Your 1 3/8 works out to Cdn $ 2.00 which is my current cost average. I still expect Cdn $ 3.00 (US 2 1/16) by Summer. Nice to have you along for the ride once again.

I also loaded up yesterday with OEX June 550 puts. A short term correction of blue chips is in order. It should not affect gold, quite the contrary. The unrest in Indonesia may affect Asia within the next few weeks in a scenario quite similiar to last October.

Good Luck and have a very nice day.

Pierre

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