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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 (5594)	10/9/1999 5:59:00 PM
From: ogod	Read Replies (2) \| Respond to of 15703

thank you gh,informative as usual, now given that we don t know how they calibrated the instruments at elh1 vs cc i don t suppose that 170 in cc is more significant than 40 at elh1 but given the base values prior to drilling into the zone at 4then 8 then possibly 170 or so what is the probabilty of gas from your experience? as far as kob options go they at least are not at a huge discount they could have possibly issued them at 18% discount to the price 1 week ago say in the 1.30 range, they were extremely fair with their rights offering with an apology to our american cousins, they deserve a cookie if things work out as planned, with the caveat that the jury is still out both on elh and cc, Happy thanksgiving!!!