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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Gene Veinotte who wrote (1408)6/8/1998 7:03:00 PM
From: Leigh McBain  Read Replies (1) of 2011
 
Certainly looks to me like something similar to what I expect to see. It will be nice won't it.

There have been a couple of individuals asking about the latest release, so I thought I would just make a quick point. The reason for this latest release is to publish the numbers for Taylor Rigs, they very definitely do pertain to Westrend, but keep in they are not the same thing.

Westrend uses a different set of accountants and has a different set of regulations to adhere to, with their consolidated report. We have already seen indications that Alamo is generating positive cash flow, as a stand alone entity. Now that Taylor is generating positive earnings as well, we should start to see this reflected in the upcoming financials. Not necessarily of any significance for the year-end numbers, but definitely for the 1st Q.

I do not recall exactly what the fiscal year timetable is, for Taylor, but I do seem to recall that it does not directly correlate to WRN's.
Am looking forward to the last half of this month, as a result.

Salut,
Leigh McBain
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