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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: Steelguy who wrote (5057)9/21/1999 10:57:00 AM
From: F9driver  Read Replies (2) of 15703
 
When the first well blew it became "world class" and likely took the permanent disastrous downside out of these stocks, especially after it was snuffed out. At 1-1.5 TCF, in ELH, the JVC says it is worth about $10cdn to HTP. That checks out on a reserve basis and may be low due to the current pr. of gas. CC could really get us in the news. If CC is dry surely the stocks will take a little hit and each add. prospect will do the same depending on results but positive news will add more value as ELH is defined. It proves that PYRX gives good seismic and there is no reason to think they can not continue the good results especially the development wells on ELH. Can't believe people would give up their positions. A dream investment is a stock with limited or no downside and tremendous upside!
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