American Resources of Deleware (GASS) Message Board

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Gold/Mining/Energy : American Resources of Deleware (GASS)

GASS 8.110

+1.0%

Feb 10 3:59 PM EST

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To: tony mendoza who wrote (34)	3/19/1997 11:40:00 PM
From: Ed Ajootian	of 172

Ugh, things are getting ugly. This stock is stuck in a downward spiral caused by the combination of the newly registered stock being dumped on the market as you say, plus the shorting by the convertible bond holders. Then the frustrating thing is that CRG decided not to put the 4-page spread on GASS in the version of MoneyWorld that goes out to all the freeloaders -- they just put that article in the version that went to the paying customers. The circulation of the freebie version is obviously much higher. IMO this is still a good buy under $2.50 as long as you are willing to hang in there until 1st quarter gets announced on or about 5/15. That will be the first full quarter they will have produced at ST 148. Also by then we should hear about this new offshore well they are drilling.

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