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Gold/Mining/Energy : DALTON RESOURCES DAL:ASE -- Ignore unavailable to you. Want to Upgrade?

To: Peter who wrote (184)	4/26/1998 11:46:00 AM
From: the Chief	Respond to of 486

Hi Peter: I think its a "bad rumour".I talked with DAL on Friday AM about a pending news release. A fellow named Wayne stated that it was not going to be coming out quickly. I have determined that they are in fact "staking" adjacent properties. This neither sounds like a sour or poor well! I am not posting to pump, but just telling you and the rest of the threaders that according to DAL there will not be a newsrelease in the "near future". This was decided by all owners of the property and agreed to in the earlier week release. So just ask yourself, why would a group of companies get together and decide not to release a drill result until "further notice"? I own shares in this company. the Chief

To: Peter who wrote (184)	4/26/1998 11:59:00 AM
From: Mr Metals	Read Replies (1) \| Respond to of 486

What's the rumor about.

To: Peter who wrote (184)	4/26/1998 4:47:00 PM
From: Michael M. Cubrilo	Read Replies (1) \| Respond to of 486

Pete, I would be surprised if the formation was NOT sour. No big deal if it is sour. Question is.... HOW SOUR and HOW BIG. There are two big gas plants located in the Strachan area... Ram River (Husky Oil) and Strachan (Gulf). Both run better from a process point of view when the gas is sour... ideally around 25% H2S. The question is does the ensuing pipeline and facility costs make up for the find? ie: Is it an ECONOMIC find? or is it just a "find"? These deep, foothills type wells are typically targeting sour formations. mike.