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: dgz who wrote (5810)	10/17/1999 11:12:00 PM
From: johnlag	Read Replies (2) of 15703

<<Friday's market action still worries me a bit. Things were very strong in the morning but after lunch - it weakened nearly all the way back.>> You should probably consider your HTP position on Friday lucky considering the Dow dropped about 270 points for the day. The papers had headlines as bad as 'The Gates of Hell opened on Friday.' After all the blood on the broad markets, HTP closed up 1% - clearly bucking the trend. <<Now we find they've pulled all the pipe out of the hole to run some logs....all presumably just after they hit Temblor sands.>> Is this what's really going on? Or do you think the operator may have made the decision to change the bit? <<Can anyone think of a positive reason>> Are you drawing negative conclusions? If so, from what?

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