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: davo who wrote (4011)	8/24/1999 10:07:00 AM
From: Greg R	of 15703

Davo - Moving to production will be excellent news for XEN shares. As I understand it from their news releases, the value of their stake in KOB Energy only became of value when and if the well went into production. Until then it was speculative as to whether value would ever be there from their investment. As you pointed out, the stock which was at $0.19 last night, would be worth $0.40+ when the well goes into production. This should be an almost overnight double. Greg

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