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

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To: Dave E. who wrote (3065)6/15/1999 5:09:00 AM
From: Check  Read Replies (2) of 15703
 
Good Morning Dave,

<<Maybe now HTP can stay above the magic $2 point and the weak holders can avoid forced selling.>>

Sorry to be so late getting back to you but it's exam time so this weak hand doesn't get much access to the computer during the kids' regular hours.

To me the magic point on HTP is $ 3, so the darned thing becomes marginable. I agree Kob is being held back by a bit of arbitrage.
Based on ELH alone, where I understand the drilling is progressing just fine, I find it and HTP very cheap relative to the other players (at yesterday's closing prices).

Speaking of yesterday or a tad earlier, I also understand the Cal Canal spudded right on cue and in the location <ggg> we discussed before. This may bring some life to TMK as well.

Check it out and have a great day.
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