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Gold/Mining/Energy : DYNATEC CORPORATION (TSE & ME - DY) -- Ignore unavailable to you. Want to Upgrade?


To: MrsNose who wrote (46)7/30/1998 1:14:00 PM
From: Rich N.  Respond to of 148
 
At 1PM EST there were only nine trades and a total of 9900 shares crossed. Considering the number of outstanding shares, the stock is held fairly tight. I would be happy to see .45 cents as the new support level.

We all know what happens to stocks that go up fast, they often come down just as quickly. Right now the entire mining sector is sick, but DY seems to be building a good foundation and is making a profit. There are several exploration companies that have next to no assets, little cash, and have never made a profit, yet they are trading higher than DY.

We will be rewarded.