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


To: Tadsamillionaire who wrote (151)2/26/1998 12:41:00 PM
From: oilstks  Read Replies (2) | Respond to of 172
 
"GASS was on the list of "Companies with biggest net changes" on the Insider Trading Spotlight in today's WSJ. Had 3 insiders increase their net holdings by 44% in the last 12 weeks. I don't know if the new "key" employees were part of the equation or not, but should be positive anyway.

I'm also invested in this company. One other good thing I like is that I believe all the officer options are set at about $4.50, so they have incentive to get the stock price up. "

Above was posted on another board . If this is true then the stock should start moving up ,providing the price of oil does not deteriorate any further . I have about 7000 shares and I bought it
on the value of it , it was selling for below book . That is extremely rare in a small oil . I am impressed with new mgmt ,they are geared up to be a larger company (from a personnel point of view). I would assume from my conversations with their CFO that they will make the transition barring a collapse in oil prices . Just my opinion ,take it for what it is worth ..
TOM LEWIS