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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: TWICK who wrote (118)	2/22/1998 9:21:00 PM
From: BILL G.	Read Replies (3) of 197

Via aol thread posted by a individual that attended. The question of secondary was floored. Management affirmed that only secondary would be used for aquisitions, but not the current proposed aquisition. They stated the Heller credit line was sufficient for this purpose. Also affirmed to being profitable next quarter as long as oil prices stay above the profitabilty range of 14-15 dollars a barrel. Gas and timber doing great. With possible announce of timber contract(major) next month.

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