Dakota Mining DKT Message Board

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Gold/Mining/Energy : Dakota Mining DKT

DKT 25.00

0.0%

Dec 27 4:00 PM EST

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To: Lightning who wrote (97)	2/14/1999 4:08:00 PM
From: bob k	Read Replies (1) of 141

I check this forum and other gold forums regularly, this one has been the saddest of the lot! Well, As far as I know Dakota Mining is still in business. I called the company and was told they refinanced and are sorting out distribution to its debtors. I asked, that if gold was $350 per oz, how much gold would DKT produce per year? The answer was 100,000+ ounces at $240 corporate costs per oz Greater capabilities are present with the higher POG. I'll guess and say that trading will resume when gold goes above 310 or so an oz. So far, my guesses have been wrong! If anyone has any information at all, please post.

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