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: Steelguy who wrote (5051)	9/21/1999 7:20:00 AM
From: Mr. Oil	Read Replies (2) of 15703

When we were buying KOB at about a buck HTP was at about $2. I don't think KOB has any CC value in it so now that it is at $2 if you take twice the KOB value to be the HTP ELH value then you would get about 80 cents spec value on CC. Now to follow that you have to have a PHD in ELH and at least MBA in CC. I like the KISS system. ;-) If we speculate that CC comes a duster then the market will no doubt over react and sell HTP down below $4. So It should be a good buy again at the $3.25 range. Remember too the other well is at 10,500 plus feet and holds promise as it is about 2 miles from Bellevue 1-17R There is likely some spec value here for this one close on the heals of whatever we see a CC. Like Hamlet we too know the struggle with life's essence...To sell or not to sell, this is the question. Ray

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