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

To: grayhairs who wrote (4872)	9/16/1999 2:34:00 PM
From: NO KA OI!	Read Replies (1) \| Respond to of 15703

WML-T Somethings up!! Volume and price, just took off!!

To: grayhairs who wrote (4872)	9/16/1999 5:10:00 PM
From: Brumell	Read Replies (1) \| Respond to of 15703

Hi Grayhairs, We can guestimate a "what if" reward, but how do we calculate risk? Knowing what we do about Cal Canal, is there any way that chances for successful completion of well can be estimated? Secondly, knowing what we do about about the area, is there any method to calculate probability of finding commercial quantities of gas at these depths. It's a loaded question and bound to generate argument. Point is how do you calculate risk vs. reward? Regards, Bob