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Gold/Mining/Energy : DALTON RESOURCES DAL:ASE -- Ignore unavailable to you. Want to Upgrade?


To: Peter who wrote (121)4/18/1998 5:45:00 PM
From: Syncrude  Read Replies (1) | Respond to of 486
 
Could you expand on your thoughts? I hold shares in TKE. The prices of all companies went down BEFORE the halt. I would imagine that now that the news is out and that is not what the market was expecting, that the shares will go DOWN before going back up. I expect the shares to recover on anything that may be salvaged from the drill program, following testing to be done AFTER drilling is finished, therefore, sometime between mid-May and the end of May.

I am curious as to why you think shares will be going UP on Monday. I think they will go down. If they go down too much, this might present a good short term trading opportunity.



To: Peter who wrote (121)4/18/1998 6:06:00 PM
From: Scotchman  Read Replies (1) | Respond to of 486
 
Peter,

Unfortuately I feel Dalton will open in the low .20's, .20-.21,and will climb mid to late week. I say this partly because Yorkton who did a financing with Dalton at .33 cents, started selling shares at .28 cents. Personally I don't understand their logic but when did Yorkton ever do anything logically.

Still a believer,
Scotchman