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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: Handshake™ who wrote (195)5/30/1998 10:16:00 PM
From: James F. Hopkins  Read Replies (1) of 568
 
Handshake; Guess I need to shake your hand again,
as I would have missed it. It don't look as good as I would like
it to look, but with the new management or fight for it coming up
I'm going to stay the course. I didn't see any mention of them
having gold hedged with forward contracts, or did I miss it ?
Seems I remember the last one were they did.
Do you think this will drop the price ?
It may shake out some smaller investors, but the big boys had
to know about it before and I been bidding more at 1-3/16
recently and have "not" been able to get it at that price in the
last week, I got one batch that cheap a little while back,
but not lately and the order just sits there good till cancel..
I might drop my bid to 1-1/8 Monday on the open just to see
how the news is meet.
The report looks detailed enough for a small company my guess
is they made sure it was not exaggerated.
What's your take on it ?
and thanks.
Jim


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