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


To: Arjay who wrote (401)7/9/1998 10:36:00 PM
From: RIK  Read Replies (1) | Respond to of 486
 
Most of the DAL trades today were at 22 cents .....what does that tell you about the Strachan play ?



To: Arjay who wrote (401)7/9/1998 10:52:00 PM
From: Harvey Pollock  Respond to of 486
 
If you are going to quote numbers, at least get them right. DAL had A BOE of 136 BOPD after the first quarter of 1997. If you would check on this company, you would see that they have zero debt. DAL earns 7.5 % on this first hole. Net cash flow was approx. 500,000 a year.I've invested in this little company for a year and a half now, and I like the way they do business. It urks me when people like you hop on the bandwagon and can't even get their numbers right.