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Gold/Mining/Energy
DALTON RESOURCES DAL:ASE
An SI Board Since December 1997
Posts SubjectMarks Bans Symbol
486 4 0 DAL
Emcee:  StockJock-e Type:  Unmoderated
DAL:ASE
SHARE CAPITAL:
Issued & Outstanding: 16,868,110
Escrowed: 2,750,000
Insiders Control 19%

Dalton's current financial position is zero debt and 3.5MM in tangible oil and gas properties which have a net cash flow of approximately 470,000 dollars annually.

Dalton is currently involved in the STRACHAN GAS PLAY, located in West central Alberta. Last I heard was that DAL is drilling towards January. Using a 2.0 TCF reserve estimate for the new pool, Dalton's
7.5% would net 150 BCF. Conservatively valued at $0.50/MCF, Dalton's net reserves would be worth $75,000,000 and would equate to $3.75/share of asset value. (DAL last trade at .27)

Some big names are involved in this play: Apache Canada Ltd., Tusk Resources Inc. and First Star Energy Ltd.

DAL home page: daltonr.com
and more info on globalminerals.com in the portfolio section.
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ReplyMessage PreviewFromRecsPosted
486 Sounds like drill rig manufacturers are a better bet. Yorikke-11/9/1999
485 Garry, Assuming the 3-D seismic at Strachan has been reviewed and gone over witkingfisher-11/8/1999
484 Its so quiet on this thread I can hear the share price dump! I have been in thGarry R.-11/8/1999
483 Hello Scotchman, It is understandable that investors are cautious. This tie in kingfisher-10/20/1999
482 <<This means close to an extra $4000,000 per year for Dalton and they areScotchman-10/20/1999
481 Thanks Richard, So what do think? Will the sisters start moving up on this newScotchman-10/20/1999
480 Dalton Resources Ltd. - Strachan Placed On Stream CALGARY, Oct. 20 /CNW/ -kingfisher-10/20/1999
479 Hi Garry, No word on the twin as yet. grayhairs posted this info on Tusk'Scotchman-10/14/1999
478 Scotchman, Things have been pretty quiet lately. Been waiting and waiting and Garry R.-10/13/1999
477 Hi Garry, Long time no posts! The tie-in is finally completed and they are reScotchman-10/13/1999
476 Yawn...things sure are quiet on the sister's thread on SI.... shesh...come Garry R.-9/23/1999
475 Scotchman, Thanks for the info, was wondering why the VERY active trading day Garry R.-9/10/1999
474 The latest on Dalton is, they might participate with Solana (SOP ase) in the CaScotchman-9/10/1999
473 Hi Rockwell60 <<I notice that you've stopped posting to the thread.&Scotchman-8/4/1999
472 Hi Scotchman I've never contributed before but I notice that you've stRockwell60-7/13/1999
471 Here's an excerpt from Dalton's Annual Report. Dalton Annual Report ApScotchman-4/22/1999
470 NEWS RELEASE ============ DALTON RESOURCES LTD. Calgary April 8, 1999. Doug Garry R.-4/9/1999
469 WARNING!!! Those who are invested in FST might want to consider a quick exit NScotchman-3/19/1999
468 Hi Garry, Go ahead and rant...and while you are phone the companies involved aScotchman-3/16/1999
467 Scotchman, Man, I am not a happy guy...we've been waiting for 6 months forGarry R.-3/16/1999
466 To All: Looks like the "clowns" proved what their made of once againScotchman-3/15/1999
465 To All: There should be a news release today from FST explaining what is happeScotchman-3/12/1999
464 I can't attend....would be grateful for info on anyone who does. I sent a Garry R.-3/11/1999
463 who of you will go to the meeting ? If so please send a small report to the boaPluto-3/11/1999
462 Dalton Annual Meeting ---------------------- " March 9, 1999 Alberta SecGarry R.-3/11/1999
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