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


To: Stymie who wrote (515)5/2/1999 8:48:00 PM
From: Check  Read Replies (1) | Respond to of 568
 
Hi guys,

if you look at the volumes, close to 60 million shares last month, you'll realize a lot of the debentures have been converted and traded already.

When it comes to value, 0:0 cash/debt and an operating mine is a hell of a lot better than many of the resource rich, cash poor juniors with an expensive mine to build and unknown kinks to face. With the conversion out of the way and the mine finally working the way it was supposed to, the stock is CHEAP by comparison. All 351 million of them. <ggg>