Further Increase In Tourist Numbers Expected with Completion of the Western 3rd Round City Highway, Connecting to Qin E-Pang Palace
Company: Dark Dynamite Inc.
Thursday Close: $1.86
Short Term: $2.25 - $2.50
Note: New Press Release
Indi cator: S T R O N G B U Y
DKDY seems to be catching all the breaks. With the announcement of their new nightly Banquets, Dance and Cultural show begining in April 2006, and now with the annoucement a new High Way will be completed reducing drive time and ease for tourists to reach the park.
This is expected to increase the number of visitors due to convenience of access to the park, and thus increase annual revenues even further.
The last few days for Dark Dynamite INc. (DKDY) have been exciting. With large increasees in volume and price jumps to $2.10 from the last news release, we expect we have not seen the last of it with this new info coming to the table.
Members we are puting DKDY on the watch list again for tomorrow. This company has really sparked our interest as not only an exciting day trade but an excelent long term investment as well.
For those of you who got in at the end of the day when the price dipped, congrats, for those of you who didn't, get on it first thing before the price jumps again over $2.00.
Just read the news and see for yourself the promising future we see for DKDY
XI'AN, China, Jan. 4 /Xinhua-PRNewswire/ -- Dark Dynamite Inc. (OTC Bulletin Board: DKDY) (''DDI'') announces that the construction of the Western 3rd Round City Highway (the ''3rd Highway'') in Xi'an is expected to be completed in early 2006. The completed 3rd Highway is expected to bring in more tourists to the Theme Park of the Qin E-Pang Palace (''E-Pang Palace'').
The 3rd Highway is invested in by the Xi'an Government, with a total investment of RMB500 million (equal to US$61.7 million). The total length of the 3rd Highway is 18.42 km, which includes 7 large crossroads and 2 bridges. The 3rd Highway is expected to be completed early 2006, and to be opened free of charge. After the completion of the 3rd Round City Highway, traveling time between the city center and the Theme Park of E-pang Palace will be reduced from 30 minutes to around 20 minutes, thus greatly benefiting tourists for traveling to the E-Pang Palace, as well as promoting the attractiveness of the E-Pang Palace for tourists.
Since the is Theme Park located at the centre of many historic sites of Xi'an city, such as the famous Emperor Qin's Terra-cotta Warriors and Horses Museum, the Mausoleum of Emperor Qin, Huaqing Hot-springs, and Fa'men Temple. After the completion of the 3rd Highway, tourists will have easy access to the Theme Park while visiting other historical sites. The Theme Park is estimated to become one of the main tourism destinations among travel agencies due to its distinctive Qin cultural palaces and convenient traffic conditions, which is estimated to bring an extra 10,000 tourists, as well as an increase in income.
The Xi'an tourism market saw 650,000 overseas tourists, and 20.84 million domestic tourists traveling to Xi'an in 2004, with increase rates of 93% and 29.1% respectively comparing with those of the previous year. The total revenue of the Xi'an tourism industry was RMB15.44 billion (equal to US$1.9 billion) in 2004, which includes foreign exchange of US$330 million, with respective increase rates of 45.1% and 130%.
DKDY, thats our pick.
Good Trading Members