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: Bearcatbob who wrote (3830)	8/2/1999 8:49:00 AM
From: STLMD	Read Replies (2) of 15703

Bob... I'm uncertain as to what your investment goal is here with this question. If it is to buy a long term hold leveraged in the oil and gas exploration of ELH and GSJVB and with other value added assets I would buy BKP. I believe it would be similar to buying an early Mobil or Shell Oil. Any drop to the 14.60 range prior to TD and I would play BKP. BKP most likely will be buying up the interests of the other juniors as this plays out and thus their percentage of these plays will grow as their share price grows. Will WML be a long term buy similar to BKP. I doubt it even with Slave Point when you consider the % interest that BKP has in California and the NW Territory as well as there already producing areas. So if your question is long term and safety.. my reply is BKP. If it is short term price escalation then I would pour more into PYR and KOB. JMHO... Stephen

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