SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : American Resources of Deleware (GASS) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (136)11/6/1997 5:23:00 PM
From: tony mendoza  Read Replies (1) | Respond to of 172
 
Ed: Nice to hear from you. You always seem to have good information on this (hopefully) ex-turkey. I did look up historical gas prices and the June quarter average gass price came out to around $2.15, while the Sept quarter average came out to around $2.75, so that seems like a considerable jump. They earned .06 in June, so .50 cents in price increase should do what? Maybe double the .06 June earnings? The December quarter has averaged over $3 so far, so earnings should be solid this quarter. But yes, if they diluted the stock again, I'll be very upset again. But I'm sitting on a nice gain, and I'll wait for the earnings.
I hope you are right and they struck another well.