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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave E. who wrote (3651)	7/26/1999 10:40:00 PM
From: grayhairs	Read Replies (1) of 15703

Hi Dave, I'm not absolutely certain but my recollection is that HTP holds only about 10% of TMK (not the 50% that you have suggested). However, given the incestuous relationship, it is possible that HTP may increase their position through the obviously required near term financing\dilution !! For your information, Cal Canal has not yet hit and will not for at least 3 weeks. At this date, there is much more risk associated with a TMK holding then there is with a KOB holding. But, for those who do not care about risk, TMK presently offers the best leverage of all in the GSJBJV !! It will be interesting to see if that continues to be the case after the required near term TMK financing. <<Given its connection to real oil & gas people...>> Please do not MISinterpret my request (I intend no facetious nor sarcastic overtone !!), but would you kindly elaborate on which people you are referring to ?? Later, grayhairs

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next