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: Poseidonas who wrote (4943)	9/18/1999 7:43:00 AM
From: STLMD	Respond to of 15703

Pose...It appears to be imprudent for Eland Jennings to have answered that question, maybe Johnlag can give us some insight into why it was. As to the suit itself, it is clearly no surprise that the insurance company would sue for recovery of a substantial settlement, claiming that Bellevue was "negligent" and caused the blowout. I, too, have been expecting this for quite sometime, and quite frankly, any company that did not sue to prove negligence would have to be crazy....So the burden of proof is on the insurance company to prove negligence as a cause....Maybe some of S&P's , Grayhairs', Check's or LostHills Guy's drunken buddies may be able to help here.(Although in this instance I would anticipate the lips would not open)....Stephen