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

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To: The Osprey who wrote (5679)10/12/1999 1:31:00 PM
From: Brumell  Read Replies (1) of 15703
 
I think they're about to break through into the Temblor and very soon. Here's why.

The HTP NR shows we've been getting very accurate information here and on SH from several posters. They've had the right depth, gas indications, even the type of bit. Assuming the NR is right (I've no reason to doubt it) it seems they must want an orderly market and that's their reason for issuing it. Knowing they are about to drill into the Temblor, they apparently didn't want speculation running wild so they issued what had to be a dampener. It's worked so far... but I think we'll soon see a change. I think they are about to enter the Temblor... IMHO and FWIW.

Bob
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