American Resources of Deleware (GASS) Message Board

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

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To: tony mendoza who wrote (58)	4/25/1997 5:39:00 PM
From: Ed Ajootian	of 172

Tony, No firm date on earnings release. Karen Underwood (Corp. Secretary) just said "by the end of the month". With the stock down so much my guess would be that they would do whatever it takes to get the news out next week. Yes, this will be something to see. I am calling for $.25 per share in operating cash flow before working capital changes. (For number of shares I am assuming the remaining existing convertible debt converts at $1.65 per share). They should also record healthy earnings. The question is whether enough folks do not know of their next round of private financing or not. If we have enough such suckers out there the stock will pop on the earnings news and I won't have lost so much money as I have so far on paper. BTW, I finally did get my copy of MoneyWorld (freebie version) and saw the GASS writeup. My understanding is that they are planning to put in the full 4 page spread article in the next issue, as opposed to just this little 3/4 page advertorial. Maybe this will rally the troops also if they in fact do this. Would appreciate it if anyone can confirm or deny whether they plan to do this.

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