Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: grayhairs who wrote (3174)	7/1/1999 3:28:00 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 15703

Hi Grayhairs, I guess when you are retired you do not need a holiday. I bought more WML this week - a medium risk - medium leverage play. In addition to ELH their Slave Point well is testing - hopefully well! bob

To: grayhairs who wrote (3174)	7/1/1999 3:50:00 PM
From: White Knight	Read Replies (2) \| Respond to of 15703

Dear grayhairs: I am left with no choice but to correct some of the wrong information you have put in your post in regards to Tri-Valley's Project EKHO : First of all, EKHO, is NOT a "Wildcat exploration play". It is an extremely large, deep and very well defined prospect. Project EKHO, is well defined by three deep wells in its vicinity: One that was drilled to the depth of 21,000 + feet, another drilled to the depth of 20,000 + feet and one more that was drilled to the depth of almost 19,000 feet. Given the above, the EKHO prospect presents far LESS RISK than ELH's so called "quasi-proven gas reserve." play. Next time, please check your facts, before posting inaccuracies... Project EKHO is not even remotely a wildcat play. Furthermore, another major and overriding advantage of EKHO prospect, also located in California's premium gas market, is that there is the added bonanza of one MAJOR oil pipeline and another MAJOR gas pipeline which ALREADY run inside the EKHO prospect...How's that for quick revenue enhancement ! Your depiction of EKHO project as being a "one can " prospect, is also quite inaccurate. EKHO Project presents MULTIPLE opportunities, with Tri-Valley corporation being by far its biggest beneficiary, with its vast prime lease holdings in twenty-six sections and its commanding presence as the master operator in any and all drillings in that ENTIRE ECKHO project. Please check your facts... Despite your inaccuracies, grayhairs, I wish you and all others in the ELH play, the best of luck. PS Just because Tri-Valley has succeeded to have the upperhand, you and Salt and Peppa, should not feel obligated to unjustly bash Tri-Valley corporation...Sophisticated people can easily see through such ploys. You may instead salute Tri-Valley's management for the fabulous EKHO play they have put together, for in my opinion, it shall bring even more attention and prosperity to that whole region for all to benefit.

To: grayhairs who wrote (3174)	7/1/1999 10:21:00 PM
From: ForYourEyesOnly	Read Replies (2) \| Respond to of 15703

Risk/Reward Scenario Howdy again Grayhairs! I appreciate your taking the time to share your thoughts and knowledge. I am relatively comfortable at this time with the definitions of ELH (a large, yet undefined deposit) and EKHO (more of a wildcat deal) that you have provided. I have been looking at the info at EJ and the charts of the partners, trying to figure out the risk/reward scenario. Could you help me out with this? Here are my thoughts: *Upside Based on the EJ Word chart (May 27, 1999), the asset increases for HTP & KOB caused by various gas deposit sizes are as follows. 1tcf: HTP = up 200%, KOB = up 180% 4tcf: HTP = up 800%, KOB = up 750% 8tcf: HTP = up 1,600%, KOB = up 1,500% Q1. In percentage terms, how likely is it that we will have 0tcf, 1tcf, 4tcf, 8tcf, & 16tcf? Q2. What is the basis for your response to Q1? In any case, based on the above numbers we have a potential upside range of 2X to 16X on these stocks. Downside Ifm sure that a number of things could go wrong between now and proving up several tcf. Instead of guessing at what might happen (anything could happen), Ifd rather think about what could be a worst case scenario for the stocks. Looking at a 2 year KOB chart, it appears that the stock was trading down to about $0.05 to $0.10 prior to the start of the project. It then moved up to a $0.40 range, followed by a jump to $2.50. Now itfs at about $1.25 or so. In other words, the stock appears to have already moved up nearly 20X. Was the ELH the only reason for the move in KOB stock? If so, if we remove the ELH potential, is another dive down to pennies possible? Is it possible that the other leveraged plays (HTP, TMK) are nearly as dependent on the success of ELH? IF* the downside is –90% (reverse 10-bagger) and the upside is 1000% (10-bagger), then I am inclined to say that at current prices perhaps the risk/reward situation is only gfair.h Perhaps it would be best to wait for the inevitable gsetbackh of one kind or another to load up at a level where the risk/reward scenario is better? Looking forward to your thoughts, THC