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To: Lazarus_Long who wrote (2884)	4/3/1998 6:52:00 PM
From: Stitch	Respond to of 9980

James, Thank you for the DAY recommendation. Best, Stitch

To: Lazarus_Long who wrote (2884)	4/3/1998 9:02:00 PM
From: peter michaelson	Read Replies (1) \| Respond to of 9980

James: I checked out Dayton Mining per your mention here. I think it's important to mention that though they have more cash per share than their share price - they have 40% more debt than cash. In my dictionary that means they have no cash, net of debt. Even without the write-down, which was based on gold at US$340 per ounce, they would have shown a loss last year. Too, one gets nervous about the Vancouver listing, of course. I do like the recent Minorco purchase of DAY. The rest I know nothing about. 2cents. peter