Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: keith massey who wrote (8597)	4/23/1999 8:51:00 AM
From: the Chief	Read Replies (3) of 62348

HMB.A last traded yesterday at .75c There is no Humboldt thread so I will post the "abbreviated release here! I know nothing else ABOUT THE COMPANY! There looks like there is very little liquidity as well.I thought it very interesting considering they made more than they are worth!!,gg> the Chief Humboldt Capital Corp HMB.A Shares issued 6,365,083 1999-04-21 close $0.75 Wednesday Apr 21 1999 Mr. R.W. Lamond reports Earnings for the year ended Dec. 31, 1998, increased to $12.4-million or 90 cents per share from $1.8-million or 13 cents per share reported for 1997. The company's net asset value per share declined to $1.32 per share from $1.67 per share at Dec. 31, 1997, as a result of lower oil and gas equity values. Record revenue and earnings for 1998 resulted primarily from capital gains on the sale of shares of Orbit Oil & Gas Ltd., and 70 per cent of the company's interest in Spire Energy Ltd. At Dec. 31, 1998, Humboldt had $10-million, or 56 per cent of its asset base in cash, which provides the company with significant flexibility to make new investments in 1999.

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