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

To: okey who wrote (3334)7/6/1999 11:39:00 AM
From: Buckey  Respond to of 15703
 
Dats exactly why you trade KOB and hold HTP for the longer term - Even look at the price appreciation since June 28th - Kob up much more as a % but also will drop much more as a percent as it is more highly leverereaged as a company on ELH - Enjoying the ride on HTP whil am so shellshocked from recent daytrading fiascos that I refuse to trade KOB - Gun shy



To: okey who wrote (3334)7/6/1999 12:28:00 PM
From: STLMD  Read Replies (1) | Respond to of 15703
 
Okey..You're assumption is correct. However, the volatility and # of shares traded with KOB make it an easier trading stock. Also, I have a funny feeling that KOB may be contemplating selling their share at ELH once a determination of size of reservoir is made. I can't understand what other explanation there could be for not participating in the other San Joaquin plays. Any ideas? Stephen


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