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

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To: Rocket Red who wrote (5023)9/20/1999 9:59:00 AM
From: Stocker  Read Replies (3) of 15703
 
Here's maybe another one to watch. I got this from an email newsletter I get each week. It's from the Perspectives newsletter, samples available from
stockperspectives@home.com They also comment on HTP.

Kismet Energy (KISS)
Perspectives Score - 82
Rating - Bullish
Reference: kismetenergy.com , 1-888-722-1295
- KISS has as much as doubled since I first wrote about them a couple of
weeks ago. That was simply because not too many people were aware that they
were land holders in the same area of California as the East Lost Hills
play being explored by Hilton, Berkley et al. The stock looks to be finding
a base around the $0.55 level where I expect it will trade for a little
while as the market takes a breather after the strong gains. Expectations
are that we will hear about California drilling plans soon, which should
take the stock out of that trading range as the market looks toward the
potential of a significant gas strike. This area play will get hotter as
more companies are snapping up land in the region, and KISS should benefit
as one of the earlier stocks to get in there and get a large landholding.
Worth checking into if you like this area play.

Hilton Pete (HTP)
Perspectives Score - 73
Rating - Bullish
Reference: hiltonpetroleum.com
- HTP has been heading up in anticipation of news on their drilling in East
Lost Hills. The market is looking pretty optimistic in advance of an
announcement, which means that expectations are also high. In short, the
company not only has to announce good results from their drilling, but they
also have to exceed the market's expectations. It is pretty rare that
company's are able to do that, so I advise a good deal of caution. The
stock looks good, but it is very risky and very susceptible to profit taking.
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