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


To: STLMD who wrote (4851)9/15/1999 9:43:00 PM
From: F9driver  Respond to of 15703
 
OGOD
Overvalued....INDEED?
Let's look at what we DO know. Elh #1 blew out with 15,000 PSI and flowed uncontrolled at an estimated 100mmcf per day flaring 300' high. I don't think this was just steam pressure. If anybody knew someone at Exxon, I'll bet the pressure and flow in their world beating Gulf well that flowed at 121 mmcf was very similar. This is world class and it is no longer a WILDCAT.
But better yet! I went back to Apr.-July 1998 NRs for HTP. They had many private placements during that period. Some included large blocks bought by Busby and Colby and other officers prior to snuffing the blow-out. But one around July 98 was for 2-2.5 mill.shs. raising $6 mill dollars PRIMARILY SUBSCRIBED TO BY OFFICERS AND DIRECTORS. This means that after the snuff out they bought big at $2-2.30 per share! If they bought at $2, I will buy at $4.00 as it has been my experience that most Canadian Resource stocks are comprised of officers obtaining early shares for pennies. Remember, this is hard money to buy shares, not appreciated options funded with bank loans and flipped. Anybody who wants to trade for nickels or even a double is selling this thing short and probably betting AGAINST the insiders and the co. geologists. I'm long and staying long!



To: STLMD who wrote (4851)9/15/1999 9:51:00 PM
From: grayhairs  Read Replies (1) | Respond to of 15703
 
Hi Doc,

<<When KOB reaches $5 you can have mine ...>>

So, what kind of a premium would you require for a 120 day call option at $5.00 ??

Later,
grayhairs



To: STLMD who wrote (4851)9/15/1999 10:33:00 PM
From: Check  Read Replies (1) | Respond to of 15703
 
Hi Stephen,

<<...ELH#2(currently below 8500 ft)...>>

You mean BKP # 1, currently below 9,800 feet, don't you?

Sorry if I offended, as I've being doing here lately, but I thought you might appreciate the correction.(gg)

Have a good evening.