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Gold/Mining/Energy : American Resources of Deleware (GASS) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Li who wrote (130)11/1/1997 9:01:00 AM
From: tony mendoza  Read Replies (2) | Respond to of 172
 
Looks like Lucas is not answering. Maybe he's short! Anyway, this stock is over three for the first time in a long while, so it probably is going up much higher. Last quarter's earnings were 6 cents when gas prices were around $2.25 or so. June-Sept they averaged much higher than that, and this current quarter it's been much higher still, so for the next two reported quarters, we are going to see much higher earnings than .o6. The question is how much higher (.10,.15?) Also what will be the dilution (number of shares). My problem with this company has always been current management and what seems to me to be somewhat shady dealings with warrants, financial shananigans, and the fact that for years stockholders have been shafted. That's why I was curious as to what Lucas had to offer. Maybe these next two quarters will put an end to all that.