American Resources of Deleware (GASS) Message Board

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

GASS 7.745

-1.5%

12:30 PM EST

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To: Stockmate who wrote (73)	5/9/1997 6:04:00 PM
From: Ed Ajootian	of 172

STOCKMATE, NOT EXACTLY --- NOW QUIT SHOUTING AND TAKE THAT CAPS LOCK OFF!!! I have been told by my full-service broker (who is in regular contact with CRG with respect to several of the stocks they are hyping) that they felt real bad that the stock tanked as much as it has and want to do whatever they can to stop this idiocy. You would too if you just got a check from a company for $550K to hype their stock, when the stock was at $3, and after you've done your thing the stock is at $2. So my broker was pretty sure that CRG told him that they would put the full four page spread in June & July issues of MoneyWorld, in the version that goes out for free, not just the paying version. We should find out one way or the other very soon, since the MoneyWorld usually comes out in the middle of the month prior to the publication month. The fact that the stock is trailing down in anticipation of this is not at all surprising. The convertible bond holders are shorting as much of this as they can as soon as they can in order to drive the price down for 5 straight trading days prior to the MoneyWorld issue hitting the streets. As soon as the 10QSB is filed and the MoneyWorld issue is out this thing is gonna go wild. Natural gas prices have come back surprisingly strong in recent weeks, after the seasonally expected post-winter dip. The heat is just about totally off here in New England so this indicates that the demand must be coming from industry --- a good sign for a strong second half for gas prices. Maybe GASS will be able to do another Volumetric Production Payment deal where they essentially pre-sell a whole mess of their gas at a discount in return for getting cold hard cash. This would facilitate their stock buyback.

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