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

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To: Sam who wrote (4170)8/23/1999 3:40:00 PM
From: STLMD  Read Replies (3) of 15703
 
SAM... IMHO... to the contrary. ELH2 drilling will be announced.Remember this is the largest land based rig in North America, so if the Temblor sands are going to be mapped(not to mention the Point of Rocks), this will be the one that does it. Four months and we'll have lots of info,not one year.

I also predict that logging results from this will be fantastic, and they will attempt to resume drilling if they haven't already. I see by your profile that you have been in the market a long time and certainly you have witnessed the downward price movement prior to the NR and upside. Those that do not fully comprehend this play are going to get nervous and sell and some cheap shares will be had. Just my prediction but I'll gladly wager a case of cyberbeer on this one!!!! Stephen
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