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


To: Steelguy who wrote (5051)9/20/1999 10:47:00 PM
From: Bearcatbob  Read Replies (2) | Respond to of 15703
 
Steelguy, For what it is worth I have shared your experience. I, like you and others are nicely in the money. PYR from 2.25 WML from 3.50 plus a little bit of HTP at 4.45 - new buy. I will be worthless at work on Wednesday. Stockwatch will make a fortune off of my 2C real time quotes - and, I probably will hold. ELH is the back up. Selling now would be nice but not change my financial life. If there is gas and a run up I will likely sell into it - but not all. I too am affected by that JA analyst with dreams of $150.00 per share. I believe the whole play will then change. Just think of the work and investment that will be necessary to get the gas to market if it is in CC too.

Who knows. All I know is that I will be glad when this is over. It has taken too much of my time and energy.

Bob

Then I will watch and decided



To: Steelguy who wrote (5051)9/21/1999 7:20:00 AM
From: Mr. Oil  Read Replies (2) | Respond to of 15703
 
When we were buying KOB at about a buck HTP was at about $2. I don't think KOB has any CC value in it so now that it is at $2 if you take twice the KOB value to be the HTP ELH value then you would get about 80 cents spec value on CC. Now to follow that you have to have a PHD in ELH and at least MBA in CC. I like the KISS system. ;-)

If we speculate that CC comes a duster then the market will no doubt over react and sell HTP down below $4. So It should be a good buy again at the $3.25 range. Remember too the other well is at 10,500 plus feet and holds promise as it is about 2 miles from Bellevue 1-17R There is likely some spec value here for this one close on the heals of whatever we see a CC. Like Hamlet we too know the struggle with life's essence...To sell or not to sell, this is the question.


Ray



To: Steelguy who wrote (5051)9/24/1999 8:55:00 PM
From: Bearcatbob  Read Replies (2) | Respond to of 15703
 
Steel Guy and friends.

News from the bar. Bottom hole VSPs at ELH and CC look alike. Implication is gas and possibly lots of it -- 10 TCF? ELHR1 had a "packer" problem that is now resolved - or being resolved.

The delay at CC was time to drill out excess cement in the hole. We are now on our way to Pepto Bismol time at CC.

Want confirmation - look at todays price action on WML. Why the others did not move is beyond me. I suspect Americans will be waking up shortly as they begin to take a look at those big Canadian rigs in California.

I had internet problems at work again today - bummer - the show of my life and I thought I was missing it. On the road Monday - oh s###! I hope the customer allows internet surfing.

Bob