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

To: J. Nelson who wrote (416)	12/8/1998 7:48:00 AM
From: Mike Gold	Read Replies (1) \| Respond to of 568

Jim, a good entry point for Dayton will be the day the court decision is annouced. DAY will probably bottom out below 10 cents. At the point, DAY becomes a play because I believe Newcrest with buyout Dayton. However, there is a significant risk that Dayton will just collapse all together when the debenture is called in and if the courts require a big fine be payed to Medinah for stealing ore from Churrmata claims. Pretty risky but not too bad if you get in under 10 cents.