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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: Flea who wrote (140)10/28/1998 1:39:00 PM
From: Salt'n'Peppa  Read Replies (2) of 15703
 
Martin,
Interesting message. You must have also checked out the previous SOG release (Oct 26), in which they talk about hydrocarbon shows thus far.

Why do you suppose SOG, KOB (twice), BKP, POU and PYRX have all (in the last week) found some way of getting money quickly? This mostly involves people within their respective companies, buying new stock at or below current share value?
The Bellvue #1 well is fully financed to TD, or so we were told.
Could it be that they are purchasing offsetting land, before releasing drilling and test results?
The fact that 5 of the 10 partners in this high-impact play all issue new shares in the same week, at this stage in the drilling, is more than just coincidence, methinks!
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