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Gold/Mining/Energy : American Resources of Deleware (GASS)
GASS 7.860+0.5%Jan 9 9:30 AM EST

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To: tony mendoza who wrote (112)8/13/1997 10:04:00 PM
From: Ed Ajootian   of 172
 
Tony,

I have only a passing interest in GASS at this point so I frankly don't
care to spend any time on it. To answer your question you should take
a look at the 2nd quarter 10QSB and look at the cash flow statement.

I agree that GASS has severely over-extended itself. They are doing OK
so far but the concern is what happens if El Nino really comes back this
winter and drives up the temperature and drives down the price of gas?
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