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

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To: grayhairs who wrote (4009)	8/16/1999 9:14:00 PM
From: Robert McCullough	Read Replies (1) of 15703

Grayhairs: In an earlier post S&P stated they had drilled through the upper Temblor layer and it was 200 feet thick. Following is a quote from Yahoo that contradicts that.?????..What do you make of it?... Bob ``On the weekend, they drilled through the first layer of the formation which indicated 65 feet of pay zone,' said Peter Linder, analyst in the Calgary office of CIBC Wood Gundy ``They are now into the second layer which is looking even better than the first. These are very encouraging indications, but that's all it is at this point

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