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


To: TMAZZ who wrote (505)4/29/1999 8:59:00 PM
From: Check  Respond to of 568
 
Hi Tony,

I think the 1st Q operating results are great and the 1999 forecast cost of $ 190/ozs. is better than expected.

As for the market.....I have no idea. If there are still enough share and debenture holders left who will just look at the huge 1998 loss and decide to dump, the opening could be quite ugly. The PR sure didn't do much to accentuate the positive. On the other hand, if somebody decided to take them out and if there isn't enough dumping going on, this might just be the time to make them show their hand.

A long way of saying I have no idea where this bargain is headed short term.

Have a good evening.