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

To: Ed Pakstas who wrote (6317)	10/29/1999 8:03:00 PM
From: Brumell	Respond to of 15703

While most JV partners held their ground, HTP - jewel of the San Joaquin - was clobbered. However, checking house positions, it was really only one house who accounted for all the selling. This weekend many may be wondering what happened and where it's going. Only God really knows what's down the hole at ELH and Cal Canal. Being neither a preacher nor a politician, he doesn't tell me much. On the other hand, we do have Grayhairs, S&P, LHG and others plus reports Pakstas manages to scoop, etc, etc. All seem to agree success is imminent at ELH and productive sands could be hit anytime at Cal Canal. Nothing appears to have materially changed this week except investors got a case of the jitters possibly helped by end-of-the-month and/or margin calls. Anyway, it's food for thought over the weekend. FWIW and IMHO, I have high hopes we may hear something from Cal Canal by Monday morning. It's possible and the last hour spike by PYR was interesting. For HTPers, it wasn't a general selloff. Numbers below show the opposite to be true. House Positions for HTP from 10/29/99 to 10/29/99 Ex House Bought Av/Sh Sold Av/Sh Net $Net V 22 Thomson Kern 40800 4.20 0 0.00 40800 -171370 V 11 Yorkton 56500 4.23 36000 4.23 20500 -86610 V 9 Nesbitt 15900 4.21 3000 4.32 12900 -53910 V 90 CT Int'l 20000 4.23 7300 4.20 12700 -53840 V 81 James Capel 10000 4.21 0 0.00 10000 -42130 V 95 Wolverton 9000 4.25 0 0.00 9000 -38235 V 63 Levesque 15366 4.26 11300 4.24 4066 -17550 V 85 ScotiaMcLeod 1000 4.25 0 0.00 1000 -4250 V 36 Latimer 700 4.25 0 0.00 700 -2975 V 2 DS 9300 4.22 8800 4.24 500 -1911 V 89 Goepel 300 4.26 66 4.35 234 -991 V 62 Haywood 2000 4.25 2000 4.19 0 -130 V 59 PI 0 0.00 300 4.27 -300 1281 V 79 Gundy 0 0.00 800 4.25 -800 3400 V 18 Georgia Pac 5500 4.22 6500 4.22 -1000 4202 V 83 Research Cap 0 0.00 1000 4.20 -1000 4200 V 61 IPO Capital 0 0.00 1500 4.20 -1500 6300 V 39 Merrill Lyn 0 0.00 3000 4.22 -3000 12650 V 54 Global 16500 4.26 19500 4.26 -3000 12770 V 7 Green Line 13600 4.25 16800 4.19 -3200 12674 V 33 Canaccord 29920 4.23 128520 4.23 -98600 416425 Total 246386 4.23 246386 4.23 0 0 Hope all long term ELHers have a good weekend and enjoy Halloween. The real one is this Sunday. Today's was just for the big kids...<ggg> Bob