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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 (4248)8/24/1999 11:34:00 AM
From: johnlag   of 15703
 
RBC Dominion - Canadian Morning Comment, Aug 24 by Melissa Cavelti

BERKLEY PETE/ ELK POINT RESOURCES -Both these stocks were down yesterday on the
back of rumours that the logging of the East Lost Hills well did not go well.
This is not the case. The Companies announced this morning that the well has
been successfully logged and will be cased as a potential gas well. This is
good news and we're just waiting from interpretation from mgmt. We should get
more news in the next few days. BKP and ELK ranked OUTPERFORM.
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