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

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To: Rocket Red who wrote (313)12/4/1998 1:43:00 PM
From: Salt'n'Peppa  Read Replies (2) of 15703
 
I have no idea where this company could go, nobody does yet.
I am confident that they can easily reach the $25-$30 range.
I've seen this happen with several Canadian Oil & Gas companies in the last 5 years.
It would take a few more successful wells in the area to prove up the gas field before KOB would get that high, but if they prove up the 4.8 billion barrels oil equivalent that is now being considered, then all bets are off. KOB's value is in the hundred's of dollars.
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