Daugherty Resources, Inc. (nasdaq: NGAS) Message Board

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Gold/Mining/Energy : Daugherty Resources, Inc. (nasdaq: NGAS)

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To: Intrepid1 who wrote (1)	6/10/1999 1:23:00 AM
From: Mr. G. Rottweiler	Read Replies (1) of 59

Certainly, I made a mental typo there, I should have put $5.99 in instead. I took the information from the Yahoo profile. My calculation made from the 10-QSB, 3/31/99 is slightly less than that and rounding the shares to 2.18m comes out to $5.71 approx. at that time. You can find the 10-QSB along with all other SEC filings for the company at: freeedgar.com symbol: NGAS Book value per share is gained by subtracting the liabilities from the assets and dividing that number by the number of outstanding shares. I find the fact that the stock is trading at a discount to book value very attractive.

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