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


To: baystock who wrote (334)8/17/1998 8:02:00 PM
From: EtTuBrute  Read Replies (1) | Respond to of 568
 
Maybe its because their losing tremendous amounts of money, which is getting worse by the q, their production is falling off, and their cost of production is increasing. Any way you look at it, doesnt look like a good picture IMHO. GG



To: baystock who wrote (334)8/17/1998 8:14:00 PM
From: Eashoa' M'sheekha  Read Replies (1) | Respond to of 568
 
Poor Gold Price.

Nuisance claim jumpers.

Poor recovery rate....to get better hopefully.

Blasting and crusher through-put problems.....should improve over the year.

Managment changes....have to prove themselves.

Took a big write-off at 340$ gold.(.75 per share)Can put back on books if we see > 340$ Gold this at the end of the year.

Thats about it.Nice to get answers from knowledgeable posters eh?I'm having nothing but trouble trying to get answers from the MDIN folks.Don't think they have clue over there actually.All they do bash this stock with unfounded and ill researched blathering and pump that MDIN promotion.Oh well...good luck.