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Gold/Mining/Energy : IMARK Corporation (IAK was Durkin Hayes DHP)
IAK 70.900.0%Nov 14 4:00 PM EST

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To: Bron-y-aur who wrote (31)5/8/1998 12:45:00 PM
From: Pierre J. LeBel  Read Replies (1) of 57
 
Hi Sam.

I feel very uneasy about DHP these days.

Algonquin managed to get .67 share for the first half of their holdings and then settled for only .50 a few months later for the balance. Obviously, the takeover at .67 is now out of the question in the near future.

Long term, I do not know. We will have to hear from the new controlling shareholders and see what they have in mind for the company. In the meantime, I am not rushing to buy at .40 as I would have two weeks ago!

Have a very nice day.

Pierre

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