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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 (5057)	9/21/1999 12:31:00 AM
From: Rocket Red	Respond to of 15703

SteelGuy I'm sure most here are asking the same Question do they have the Goods are Not.Well we do know ELH has Gas(How Much?) I don't know how many Shares you own But Even if you sold half that would lesson the Risk if CC does not Come in. Htp got as low as 3.15 before the rebound Started so lets give Htp at 3.25 for ELH and the rest now for CC. In my opinion I think Htp will Go over the 5.10 Mark before the Weeks over. Reason Redrilling to start sometime WED they have to drill 150 before they get to Temblor so lets give them the benifit of doubt that they hit the Temblor by markets open Thursday Morning.The Market Action will tell us and Besides there will be no results for awhile yet its still will be Speculation and What have you. I myself will hold for CC as I have sold Half already at prices just below 4 Dollars to take the risk factor out. I think Many here have played these stocks to be in a position where CC will not Break them. Cheers and Good luck with your Choice.

To: Steelguy who wrote (5057)	9/21/1999 12:39:00 AM
From: CONTANGO	Read Replies (1) \| Respond to of 15703

"Never jump in front of a moving freight train". My buddy who told me that is now looking for a home in the Caymans. I to have "...a feeling that this play is different" but, I've been run over more then once before. I think S&P's analysis of HTP was right, it has 1TCF (20% discount) built in for ELH and the balance for CC success. I also agree with Bob on those estimates although, I would be suprised to see HTP and WML on par (I am however biased). Did you notice the HTP update "...on or about September 22"? Doesn't sound like they have the facts either, maybe its better we don't know. Anybody know what 2 flash points on the seismic would mean? TTFN

To: Steelguy who wrote (5057)	9/21/1999 10:57:00 AM
From: F9driver	Read Replies (2) \| Respond to of 15703

When the first well blew it became "world class" and likely took the permanent disastrous downside out of these stocks, especially after it was snuffed out. At 1-1.5 TCF, in ELH, the JVC says it is worth about $10cdn to HTP. That checks out on a reserve basis and may be low due to the current pr. of gas. CC could really get us in the news. If CC is dry surely the stocks will take a little hit and each add. prospect will do the same depending on results but positive news will add more value as ELH is defined. It proves that PYRX gives good seismic and there is no reason to think they can not continue the good results especially the development wells on ELH. Can't believe people would give up their positions. A dream investment is a stock with limited or no downside and tremendous upside!