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Gold/Mining/Energy : American Resources of Deleware (GASS)
GASS 8.320+2.6%9:45 AM EST

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To: Anthony Marchese who wrote (42)3/28/1997 3:38:00 PM
From: Ed Ajootian   of 172
 
Anthony,

Scratch my earlier response to you. Looked at the 3/17 release again
and there were the $60 mil. of reserves staring me in the face. I
remember now why I essentially ignored those reserves though --- its
because we just don't know what damn number to divide them by, plus we
don't know for sure how much more debt got taken on during the quarter.
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