DALECO RESOURCES ( DLOV ) Message Board

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Gold/Mining/Energy : DALECO RESOURCES ( DLOV )

DLOV 0.000200

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Aug 13 5:00 PM EST

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To: M. T. PHILBIN who wrote (4)	7/8/1997 9:07:00 PM
From: BILL G.	of 197

Yeah Wondered what happened to ya Tom on aol board made a excellent report but not completed yet, coundn't stand to much more good news though. I've had orders at 2 brokers 1 order for 20,000 at 3/16th and 1 order for 10,000 at 3/16th for a week but no one selling at these prices. Orders to buy! Tom stated (to make a long story short) Timbering has began in guyana, gas wells are being drilled in PA, LA , TX, NM. he suggested these wells and timbering will be great for shortterm and long term earnings 3 and 4th quarter. Also the 15 million for drilling 22 wells in the austin chalk aareas of TX for oil are also including reworking of existing wells on their 7300 acres of oil leases to begin this fall winter and next year. He stated reworking existing pumping oil well nomally increases production 300% on the average. Short price target of .75 long term $2+

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