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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: Rocket Red who wrote (4582)9/9/1999 9:51:00 PM
From: Bearcatbob  Read Replies (1) of 15703
 
Rocket, Four months ago many small O&G companies were almost under. I bought after they found ELH - to me at that point they were a much better risk than KOB or PYR. Then they sold their offerings and Slave Point came in - which I admit I was counting on.

Bob

PS: Anyway - my decision was based rightly or wrongly on the perceptions I described. Perhaps it is sometimes better to be lucky than smart. After all I bet there is a lot of "smart" money here in the US asking - who the hell is Westminster and where the hell is East Lost Hills. For instance - my stock club laughed when I talked about a Canadian bonanza in California.
Once the gas showed at ELH - I did not consider inability to survive a possibility.
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