KOB.TO - East Lost Hills & GSJB joint venture Message Board

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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Salt'n'Peppa who wrote (3543)	7/16/1999 1:21:00 PM
From: Check	of 15703

Hi S & P, <<For instance, Check believes that ELK represents the best deal>> Not at all!!! I said that in the context of relative values and only with regards to 1 TCF. "I find that a 1 TCF find at the ELH would have the highest impact on the share value of ELK,(even though the little rascal shed an antler of it's APO interest somewhere and stayed typically mute about it), whereas the same find is already pretty well discounted in the shares of PYRX following its recent run-up and is more than discounted in the value of TMK (i.e. negative), which I recently bought a mittfull of.(well by my standards, anyway)" Otherwise I stand by what I said in # 3528 yesterday: "Based on ELH alone and assuming 3TCF, (which for openers seems reasonable), KOB followed by HTP are the best leveraged plays based on yesterday's closing prices." By a mile - is about the only thing I can add to that. Have a good weekend all, I'm late for cottage.

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