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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?

To: Wizzer who wrote (3169)	6/30/1999 4:31:00 PM
From: okey	Respond to of 15703

latest oil commodity price.... August Crude Oil Light $19.35 +.91 +4.9% 19.40 18.67 48.3K

To: Wizzer who wrote (3169)	6/30/1999 10:07:00 PM
From: Dave E.	Read Replies (1) \| Respond to of 15703

The difference between then and now is that there was only one crippled hole which they were trying to plug. Seems like the emotion pushing the prices then was a hang-over from the Nov. blow-out, and yes that's when I started getting involved at prices close to today's. The situation now is completely different except the market sheep haven't cottoned on yet. Right now we have one hole closing in on TD, another making solid advances and a third likely spudding sometime in July. However the emotion has only just begun to reassert itself and the true believers are up to their arm-pits in stock so stocks haven't really started to fly. Just wait for a week or two and let the rumours start flying some more and broadening out - this time based on something much more solid than just pyrotechnics. We will soon have something akin to the glory days of mining - remember Labrador nickel and Indonesian gold before the plunge - where stocks went from 20 cents to $20 and more. And I am convinced this is real or at least real enough to make big $$ on by Fall. FWIW Dave