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Gold/Mining/Energy : Dayton Mining (DAY) on TSE & AMEX -- Ignore unavailable to you. Want to Upgrade?


To: Handshake™ who wrote (195)5/30/1998 10:16:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to 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





To: Handshake™ who wrote (195)5/31/1998 12:38:00 AM
From: J. Nelson  Read Replies (2) | Respond to of 568
 
HI! Mr. Handshake: 3 Questions on the news. Would it be called a Bullseye painted

on one's back with so much responsiblily as layed on to Mr Patricio Valezvela?

Second the Deficit cost of $55.00 per oz Au seems very high for a mine IMO. What's yours?

Last With much talk about the computer models, for grade control practices stated. What
are they trying to say with the information about, Reconciliation of the Estimated
ore grade versus the grade actually mined. Man is that a statment that makes me wonder
what there trying to say in simple english. If you can Please!

I think it may be time to buy a little here as there coming down to my price range. Just
MO, and money waiting. Have done some DD and looking for a wash out with quite a few stocks
this next week.

Thank You,
Jim...