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


To: Bearcatbob who wrote (3731)7/28/1999 5:40:00 PM
From: Natedog  Read Replies (1) | Respond to of 15703
 
Bob, with the likes of KOB and HTP currently pricing in about 500,000,000CF I sure hope were not disappointed. Regards Nathan



To: Bearcatbob who wrote (3731)7/28/1999 10:08:00 PM
From: Poseidonas  Read Replies (1) | Respond to of 15703
 
Bob and Salty..... Don't forget me.

I was in from the beginning in WML and still buying now to lower my average.

IMO, the reason the stock has not been able to move up much past $4.30 is due to the recent placement of 3.5 million shares, some of which came with $5 options. A lot of people picked up these units on the basis of dumping the shares to break even and just keeping the FREE options. This should be over soon.

I have accounts at CIBC Woodgundy and RBC, and both firms have buy orders on WML that exceed 1 million shares combined.

Regarding WML/Shell Slave Point Well, I've heard that we can expect the good news soon. I was told that this well is a "company maker".

It is still my opinion, that with margin availability on WML, it is the best leveraged play, with very little downside if things went drastically wrong in California.