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Directory Bob Johnson folgende Bankrotterklärung erhalten:

Attention Business Editor:

Dakota Mining Corporation Announces Bankruptcy Proceedings


DENVER, July 12 /CNW/ -- Dakota Mining Corporation ("Dakota"
announced that its Board of Directors authorized the filing of assignments in
Bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada). A Trustee
in Bankruptcy will commence the bankruptcy proceedings on July 9, 1999. In
addition, Dakota Mining Corporation announced the resignation of its
directors.
Prior to this action and throughout the past year, the Company has
attempted to work out arrangements with its principal secured creditors and to
solicit new financing to facilitate the startup of its mining operations.
Also, attempts have been made at asset sales and merger. The Company`s
efforts were unsuccessful.
The debt is secured by charges over the assets at the Company`s mines held
in subsidiaries in South Dakota, Alaska and Idaho. The amount of such secured
debt in total amounts to approximately US $20 million The Company does not
expect that its subsidiaries will continue operating the properties and
reclamation of the various mine sites is likely.
For further information, please contact Alan R. Bell, Former President
[phone], FAX [phone].

-0- 07/12/1999

For further information: Alan R. Bell, Former President of Dakota Mining Corporation, 303-376-2723, Fax, 303-573-1012

Grüsse an Alle leidgeprüften Dakota Aktionäre

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[Speculatius]

Vielen Dank für die Meldung. Jetzt bin ich meiner neuen Tapete wieder ein Stück näher... Werde die wohl irgendwann ausliefern lassen. War (zum Glück) mein erster und bisher einziger Totaslverlust. Muß ja irgendwie meinen Enkeln später beibringen können, daß Börse auch ein Risiko ist...

Special Thanks nochmal to Börse Offline, die diese absolut unterbewertete Gesellschaft damals empfohlen haben...
Ich hoffe, es gibt niemanden, der sein ganzes Vermögen in DMC gesteckt hat.

Grüsse

Speculatius