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: ogod who wrote (5740)	10/13/1999 10:29:00 PM
From: Bearcatbob	Read Replies (1) of 15703

Can't help but comment on the above. As I have said I bought PYR originally to maximize leverage. I then bought WML for leverage but some reduced risk - sorta like ELK. Finally I bought BKP for more exposure with a minimum of risk - IMHO. One has to determine in their own minds the current level of risk - when shortly ELHR1 alone could remove all risk from the current prices. As the certainty of commercial gas grows to me the game becomes leverage - plain and simple. In my portfolio I have play money and safe money. The play money is all in so any other money has to be relatively safe. Anyway, quiet tonight. The still before the storm? Bob

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