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

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To: LBell who wrote (1597)8/17/1998 5:35:00 PM
From: Leigh McBain  Read Replies (1) of 2011
 
I don't have a bunch of time at the moment, but the # most people are probably waiting for is net earnings for Q1 which turned out to be a loss of approx. $45K. A statement was made by Mark that the overhead incurred by the public entity (WRN) is what put the drain on the income stream generated by Taylor and Alamo and that a reduction of that overhead is actively being pursued and is recognized a major requirement. Pretty astute observation huh? I know he needs to make the statement in some form of public medium and am at least happy to see it.

I do believe that the significant difference between the WRN consolidated numbers and the Taylor numbers, recently announced, should show the company why no one jumped up and down with just Taylor's numbers being announced. If that had have been the consolidated number I believe we may have seen a different response.

Salut,
Leigh McBain

Salut,
Leigh McBain
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