<ARTICLE> 5 <CIK> 0000312583 <NAME> ROCKY MOUNTAIN MINERALS <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> OCT-31-1997 <PERIOD-START> OCT-31-1997 <PERIOD-END> JUL-31-1998 <CASH> 296 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 122 <CURRENT-ASSETS> 418 <PP&E> 2318 <DEPRECIATION> 67 <TOTAL-ASSETS> 2669 <CURRENT-LIABILITIES> 77 <BONDS> 0 <COMMON> 85 <PREFERRED-MANDATORY> 0 <PREFERRED> 1280 <OTHER-SE> 1177 <TOTAL-LIABILITY-AND-EQUITY> 2669 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 0 <EPS-PRIMARY> 0 <EPS-DILUTED> 0