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Show December 14, 1970 OMJ - Jage 7 Gulf Resources & Chemical chief sees earnings hike Robert H. Allen, president of Gulf Resources & Chemical Corp., Houston, Tex., said he expects the company to increase earnings by about 20 in 1971. The companys recently acquired coal operations are going well and production will be because of increased by 25 demand. In addition, Mr. Allen said, the firms Great Salt Lake project should also contribute to profitability. Mr. Allen said he expects net earnings for this year to be about 85 cents a share, before extraordinary items, compared with 62 cents a share the year before. Some $28 million already has gone into the Great Salt Lake venture with Great Salt Lake Minerals & Chemical Corp., a joint venture of Gulf Resources and Salzedetfurth, A.G. Hanover, West Germany. The operation will recover several chemicals from Idaho, operations, Mr. Allen said he expected the price of lead and zinc to hold steady in 1971 in the wake of price drops of this year. He said he expects silver prices to firm up and be meaningfully higher in 1971. lake brines by selective started again and is now providing precipitation in solar evaporation ponds and subsequent processing. As for the firms Kellogg, lead-zinc-silv- a more rapid flow in the past. of money than Any change in er Mr. Allen said that it is apparent the administration is determined to get the economy Westland Minerals, subsidiary report located George Gower, president of Inert Gas Corporation of Tulsa, Okla., has announced that Texaco has placed an order with his company for the purchase of an Ingasco processed engine exhaust gas unit with a capacity of 1.33 million SCFD to be used at Iberia Parish, Louisiana. Inert Gas Corp., a division of Westland Minerals Corp. of Los Angeles, is a pioneer of inert gas manufacturer equipment used in the petroleum BY DAWN industry and holds basic patents in the field. Inert Gas also, announced that it would commence work in the near future for the building of 10 smaller sized inert gas production units for use in various eastern Kansas fields for Moray Oil a division of Company, Inc. in Section 11, Salem Township, Muskingum County, Ohio, had flowed at six million cubic feet of gas a day through a four inch line. The Los Angeles based oil and gas producer ownes several Westland well and Westland plans to drill the offsets as soon as equipment is available, Schweitzer said. i others. Minerals Corp. and In Los Angeles, Mori Aaron Schweitzer, presidnet of Westland Minerals, announced that a test of the companys No. 1 Watson well LIBRA March 21 thru April 20 Sept. 23 thru Oct. 22 The money thousand acres immediately you need for gifts and entertainment surrounding and offsetting the big should not be obtained from disposing of assets. YOu will have to be creative to come up with the dough because you need the bread. The well is described by veteran gas men in the area as one of the largest ever. CAPITAL DIRECTORY ' listing investors and financiers actively engaged in backing speculative and development oil, gas and mining projects. $10.00 per copy. Write: CAPITAL, Box 6302, Salt Lake City, Utah 84106. UNIQUE SERVICE for buyers, sellers and backers of oil, gas, mining, real estate, cattle and timber projects. Write for free details. RESOURCES, Box 63027 Salt Lake City, Utah 84106. Wanted Cash for your Diamond B Indtetrias stocky, also Laramtin Mines. Write Box 333,Oil & Mining Journal, P.O. Box 6302, 84106. . Salt Lake City, Utah NEED INVESTORS in a limited partnership to develop an oil lease in a proven fiekL For more information write to Mr. John Steverson, 800 No. Central, -- Phoenix. Ariz. 85004. CORPORATION WITH $500 merger with private company that wants to go public. Write: PUBLICLY HELD CORPORATION with no assets or liabilities looking for merger. Inquire: PUBLIC CORP., Box 6302, Salt Lake City, Utah 84106. Jay compressor, 988 hrs. operation. 300 amp hobart welder, trailer mounted. Pioneer crushing plant, kw. Phone: (801) 487-599- tractor, This Yuletide you will be better received if you squelch the urge to give what money Can buy Put your hands creating happiness ones. 487-599- Display Ads $2 Col. Inch .. ... .$2 for 20 words, Classified Ads PHONE: 467-966- July 23 thru August 22 VIRGO August 23 thru Sept. 22 L.ay.Uf41Qftn Jt. ..;, il seem to be at a spiritual, crossroad 2 or write Box 6302, Salt Lake City, Utah 84106 6. OLD STOCK CERTIFICATES bought sold and traded. Inquire: CERTIFICATES, Box 6302, Salt reasons for the strange reactions you are getting from associates. You may be the key to financial problems so apparent at this time. If you feel like hanging out a shingle, make sure it does not read Financial consultant. A Do not disturb sign will keep you and your friends out of trouble. 1 8 Take your cue from the Lion. A potentially dangerous situation requires keen observation and precise calculation for the wind to blow in your Wait direction. then 10 cents a word mderground loader, 1970 model. 100 hrs. operation. Phone: (801) Take a good look in the mirror and you may see the AHUARIUS Jan. 20 thru Feb. Sinner man, change your ways Santa Claus is coming to town. Its not too late, theres still time to turn over a new leaf. 6. 912 Eimco to loved LEO You OR SALE Get full value for all monies spent. But be careful not to push valuable people around. They will resent it, and even a worm turns. CAPRICORN Dec. 22 thm Ja. 1 9 Create an Image Tell Your Story in word and picture with a display or classified ad in the . Caterpillar on. Movement isnt necessarily up, you know. fly and mind to work for with 1036 D-- 8 I ' Can Build Profits 46-V- E crusher. GMC 67 1R Power plant, 100 kw. Kohler light plant, 10 lay no heed to another rumor that a certain stock is about to move. Review the ones you recently took a June 21 thru July 22 0MJ. FOR SALE spending. A good policeman for your shopping sprees could be a well planned list with the right hand column clearly marked. SAGITTARIUS Nov. 23 thru Dec. 21 GEMINI May 21 thru Jue 20 MERGER, Box 6302, Salt Lake City, Utah 84106. Yod FOR SALE OR LEASE Wanted Purchaser, leasor or working agreement Au, Ag, Cu, Pb, Zi, U308 and W prospects. Send enquiry letter for our listing. East West Traders Box 6302, Salt Lake City, Utah 84106. . in Cash in bank looking for suitable TO trailer-mounte- d Pressure may cause you to look kindly on speculative A Taurus knows ventures better. Gamblers can win but you are likely to lose. CANCER BUY: Working control of publicly owned natural resource company. Oil or mining, flexible on approach. A.W.D., 1212 Main Street, Suite 403, Houston, Texas 77002. Put on the brakes SCORPIO Oct. 23 thru Nov. 22 April 21 thru May 20 I LUNDQUIST ARIES TAURUS A industrial growth is basic to our business, he said. Rocky Mountain OIL & MINING JOURNAL A nm Li. The round pegs do not fit in the square holes. Keep your opinions to yourself until you can change the shape of the pegs. fcii jj-- J PISCES Feb. 1 9 thru March 3 1 Dont try band. to be a one man Pennies from Heaven could sound like money in the bank if you are sure everyone is playing the right instrument. |