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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?

To: Gary Lutz who wrote (243)	2/21/1998 4:47:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 1757

Gary ... I like being very conservative myself. They may equate out to be 24M (350000 x .28 x 365 = 35,770,000.00 minus expenses which they figure at 33% cost.) I like that figure but I believe that is a gross margin. what I posted is a Net and not one dollar from any other source. If there are other sources to come into play then you figure is well within reason. Right now the dundee is the only source of revenue. I think we are on the same math I just took it to a reasonable bottomline without factoring in other revenues generating ventures or acquisitions.. Happy trading GaBard