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

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To: grayhairs who wrote (2847)5/30/1999 2:41:00 PM
From: Salt'n'Peppa  Read Replies (1) of 15703
 
Hey Grayhairs, I'm back!!!

I loved reading your recent posts.
Even though I have personally been a part of similar events, I too am amazed at how they can drill a 7" wide hole through 17,200 vertical feet of rock (probably 19,000 actual drilled feet of rock) and intersect with another 7" wide hole...amazing!

What an exciting close to the week. I can't quite believe that our cursed blowout is dead. I think I'm still in denial. *ggg*

Here's to a fabulous week of rising share prices for all the believers on this thread who have been long for a while. May the prices rise for another 3 months as the San Joaquin events unfold for our JV group.

As I see it, the risk at ELH is eliminated. I don't consider a potential dry hole or two to be "risk", but rather "set-backs".
We know the gas is there and we know that there is a sh*t load of it. They just have to punch holes in the right places now, using the blurry map that they have. This map will gain clarity with each successive drill.

Cheers,
Rick.
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