American Resources of Deleware (GASS) Message Board

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Gold/Mining/Energy : American Resources of Deleware (GASS)

GASS 7.050

-0.3%

Dec 30 3:59 PM EST

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To: Tadsamillionaire who wrote (166)	11/9/1998 10:36:00 PM
From: Ed Ajootian	Read Replies (1) of 172

Tim, IMO GASS is in the throes of death right around now, considering that its bank line comes due in about 8 weeks. I believe more of its production is oil vs. gas so it is really getting hammered in this environment. I would guess that the only way they can save the company now would be to start selling assets. Hopefully they can find a buyer that can act fast.

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