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Gold/Mining/Energy : Daugherty Resources, Inc. (nasdaq: NGAS) -- Ignore unavailable to you. Want to Upgrade?


To: Dr_of_Microcaps who wrote (19)8/9/2005 11:22:11 AM
From: semi_infinite   Respond to of 59
 
If memory serves, they increased working interest net wells by 51 over last year so we should see a year over year increase in gas production of around 3 mmcfd. If they don't make more money compared to last year expecially at current prices, then I don't understand how the company works. Let's see what happens.



To: Dr_of_Microcaps who wrote (19)8/10/2005 10:48:40 AM
From: semi_infinite   Read Replies (2) | Respond to of 59
 
Did you see the amended 10KSB filed yesterday? SEC is saying they counted cashflow from financing as operating cash flow in recent years. Are we suppose to believe that's an innocent mistake? No wonder I couldn't make heads or tails out of their production revenues.

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