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

To: Salt'n'Peppa who wrote (5111)	9/23/1999 2:56:00 PM
From: F9driver	Respond to of 15703

S&P Inre PYRX....Just bought some more. I don't know what drove it down but believe it is a bargain.

To: Salt'n'Peppa who wrote (5111)	9/23/1999 2:58:00 PM
From: ogod	Read Replies (1) \| Respond to of 15703

the pyrx and rlp are the 2 stocks where you get the feeling nobody s minding the store, rlp traded down to 3.50 down 1$ on 14k shares or so before 10-20k bids appeared to take it back to 4.50, i managed to pick up some 3.80 stock, and watching the pyrx closely

To: Salt'n'Peppa who wrote (5111)	9/23/1999 3:29:00 PM
From: Hopsalong	Read Replies (1) \| Respond to of 15703

S&P wrote: "I honestly would expect a couple of the stocks to soar if we were drilling that fast in the Temblor. The driller's wife's family would be loading up!! ggg The market says we aren't in the zone yet." S&P, you're right. With some kind of result this close, there's going to be a lot of wrong information making the rounds. It's really hard to understand why more people don't just pick up the phone and call the companies involved and ask some questions. I've been told: There can easily be 50 or 100 feet of cement in the bottom of a hole after cementing the casing. So they have to drill that out first. Beyond this, that 150 feet of drilling to reach the Temblor is just web talk. It could be a lot more, it could be less--nobody knows. Then, the top of the Temblor sands at Cal Canal are not expected to be of the same quality as at ELH, meaning the drill may have to penetrate considerably further to find any gas present. My take on all this is, everything will probably take longer than we want and expect, which means there could be some pushing and shoving at the exits before the play is anywhere near the final scene.