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Gold/Mining/Energy : Dakota Mining DKT -- Ignore unavailable to you. Want to Upgrade?


To: bob k who wrote (132)7/15/1999 10:46:00 AM
From: Lightning  Respond to of 141
 
bob k: The DKT situation reminds me of a Country Western song: the bondholders got the gold mine and the common shareholders got the shaft!



To: bob k who wrote (132)9/30/1999 9:58:00 AM
From: Lightning  Read Replies (1) | Respond to of 141
 
bob k: DAKMF is quoted at $0.05 per common share this morning. The big gold rally has been good to Dakota Mining. Any chance they can restructure and leave something for the owners of the company (instead of the bondholders)? I believe they still have some potentially valuable deposits outside of Alaska should the price of gold continue to recover to historically average levels (around $400 per ounce if memory serves). Your thoughts?