KOB.TO - East Lost Hills & GSJB joint venture Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. JND who wrote (1149)	12/19/1998 9:09:00 PM
From: Salt'n'Peppa	Read Replies (1) of 15703

Dr. JND. I agree 100% with the sage Greyhairs. This BMA land acquisition and "announcement of intent" sprang up far too soon after the ELH strike for them to have done any real DD on their particular site. These deep plays are extremely reliant on specific geological conditions - temperature, depth of suspected reservoir, structural trap, geological timing of emplacement of the trap, and much more. They are costly to drill (for a land-based well, anyway) and very high risk. A company would most certainly have to perform extensive seismic interpretation over their land, to even have a clue as to what is down there. At this stage, BMA does seem like a "bandwagon" play. Maybe they are legitimate, but check them out thoroughly before getting involved. Rick.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next