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

To: Brumell who wrote (5866)	10/19/1999 2:28:00 AM
From: grayhairs	Respond to of 15703

Hi Bob, Sure, there's four reasons we know Cal Canal is not "empty": First, credible posters to the internet have reported the presence of sand, various gas detector readings, and logging operations. Armed with this information I willingly jump to a very speculative conclusion that there is "some" gas pay already. Unanswered questions remain, of course (i.e. how much? how good?). Second, S&P bought more ELK today, and on margin !! Third, S&P was also betting cyberbeers today (and he claims to be on the wagon, so why would he take that risk\reward unless he were absolutely certain ??)!! Fourth, the collective stock behavior of the JV, Friday and today, in a very tough market. JMHOBWDIK. Best regards, grayhairs