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


To: Gord Bolton who wrote (455)1/14/1999 12:52:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 568
 
Gord; Thanx; I saw that but could have missed it, I'm not so much
a gold bug as a trader, I've been in and out of DAY several times,
and have had luck on my side or just did some good timing.
I'm watching her now, ( without a position ). I was in when
new management came, and that really hasn't seemed to help her
much. I was bidding at 1/4 but killed it for the time being,
I can't put my finger on it but something is telling we to wait.
-----------
Part of it is the server I use seems to be having quote and
volume errors..also with the NAZ and Amex getting married I'm
not sure if they will make her reverse split or what to stay
listed. The Naz has a $1 rule and only gives stocks so long to
get to a $1 or drops them, & I don't want any DAY if she goes to the
BB:OTC gang or does a reverse split. So for now I'm just
watching.
------------
Last I've not been to Chile, but I have been to a lot of S.A.
Countries, and I have reservations about any kind of news or
reports we get out of them.

Chances are if I see gold making a run, I'll jump in one of the
no load gold mutual funds, and let the guys who track this stuff
all the time make the calls for me. I'v scalp a little here and
there ( a real trick as bad as this sector has been ). I've
not made much considering the time I've put in on them, and I
guess I've been lucky as hell with getting out on the bounces.
I'm really losing interest on trying to be in on the bottom
when things turn up, and will likely wait till inflation shows
itself. I'm sure it's coming in fact I see more than the FED
admits to, but just when the rest of the market
will start to wake up to it I don't know, until then Gold is in
the doldrums.
Jim