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

To: Check who wrote (5870)	10/19/1999 10:53:00 AM
From: grayhairs	Read Replies (2) \| Respond to of 15703

Good morning Check. <<...the flow rates cannot be as spectacular as the initial blowout - due to nothing more than simple physical limitations.>> And, over and above those physical limitations, there are some other common sense considerations which will most likely result in a constrained test rate for the well. So, I believe it is very, very important that investors not confuse "test rate" with "value" as is so often the case. I personally could care less if this well is tested at 5 MMCF/d or 150 MMCF/d. The difference is nothing of practical importance when it comes to the property value. It only affects the "cooking time" of the smokeys !!! <<.... site visits in this case are a valuable thing.>> It's really too bad that all investors can not participate in a tour of these operations. I'm sure if they could all just spend a week in the area visiting each rig for a couple of hours per day, they would quickly realize why things do not happen instantaneously when drilling this deep. (And, perhaps then the ridiculous and repetitive suggestions of insider stalling, dumping and trickery would also cease.) You have a great day as well. BTW, have you found a good spot to pass the day ?? LOL !! Later, grayhairs