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Gold/Mining/Energy : Golden Triangle Ind., A Golden Opportunity? GTII -- Ignore unavailable to you. Want to Upgrade?


To: CLK who wrote (10)11/14/1998 10:29:00 AM
From: Jeffrey L. Henken  Respond to of 44
 
The GTII quarterly report is out at Yahoo from Edgar:

sec.yahoo.com

Highlights include an approximately 25% gain in net revenues over the first 9 months last year. Two cents in earning as opposed to a substantial loss a year ago. Earnings would have been higher but were effected by a tax adjustment. Finally it looks like substantial sales of sand and gravel could be really getting underway this month.

Oh I almost forgot but I will be heading off on vacation for a couple weeks. I hope the quarterly report is well received. We have a company with no long term debt and increasing revenues that is forecasting further growth this year. Sales of sand and gravel alone could deliver on that promise but it's very likely that the oil market will improve as well.

Regards, Jeff



To: CLK who wrote (10)11/30/1998 12:58:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 44
 
Technical analysis on GTII:

Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is falling which is BEARISH
LOOK FOR SUPPORT AT 6.63
Stochastics indicate stock is OVERSOLD

GTII is once again selling well below book value. It's one of the few oil stocks actually earning money now. I think it's a heck of a buy.

Regards, Jeff



To: CLK who wrote (10)4/6/1999 2:43:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 44
 
Tuesday April 6, 11:22 am Eastern Time GTII

Company Press Release

Golden Triangle Industries 1998 Earnings Reported

SUGAR LAND, Texas--(BUSINESS WIRE)--April 6, 1999--Golden Triangle Industries Inc. (Nasdaq:GTII - news) of Sugar Land, Texas, reported 1998 year end earnings. Despite some of the lowest oil and gas prices in recent history during 1998, GTII was able to report a positive $0.45 basic earnings per common share for the year. Major factors that allowed GTII to report solid earnings for 1998 include low overhead, continued investments in hard assets and GTII continues to operate with NO long-term bank debt.

biz.yahoo.com

Regards,

Bill Fortune III