Fortune Petroleum (FPX) Message Board

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Gold/Mining/Energy : Fortune Petroleum (FPX)

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To: taxman who wrote (73)	7/31/1997 9:47:00 AM
From: cmg	of 275

since nobody posted I will......2nd quarter loss of .33 cents a share..revenue 745K........2qt eps were affected by an impairment expense of 2.6 million pertaining to the companys investment in its fortune/zydeco exploration venture.........obviously this is why the weakness in the stock............Im beginning to wonder if Ty has what it takes to enrich HIMSELF and SHAREHOLDERS........the shares outstanding keep increasing and value of shareholders keep decreasing............am i wrong or what............the report still doesnt say why the loss another 1.3 million...........only positive was that revenue increased near 100k for quarter..........cmg

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