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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 (11973)	9/24/2000 11:21:22 PM
From: Brumell	Read Replies (1) \| Respond to of 15703

Interesting posts by Grayhairs and STLMD today. One poster on SH perceived Grayhairs post as criticism of Draderd. I don't. We've had these discussions before about information. Grayhair's was revealing in mentioning episodes earlier this year. It says something about Busby, an organization associated with him, and possible sources of information which later proved incorrect and misleading. Interesting stuff but perhaps best left alone and put to rest. We all learned... didn't we?? There is much talk these days of transparency within corporations. It's mostly nonsense and defies human nature. People like secrets - the inside story - and they're the stock in trade for many businesses and professions. Obviously some information requires secrecy but it's usually small and a skilled competitor will ferret it out. Consider land leases at ELH-AMI. They appear to be dictating well locations more than geology. I doubt few shareholders know their status but it's likely that competitors can rhyme each lease by chapter and verse. Then there's the GSJB-JV obviously running behind schedule. What's the status of those leases? I'm sure the competition knows but I don't. Should shareholders know? Is there a potential problem and nasty surprise here? Can't say I'd like hearing about that the hard way. Bottom line, despite the risks, I have more faith in the eventual positive outcome at ELH than any other resource exploration project I'm aware of. Where faith erodes is in guessing what the status of current participants will be as ELH merits are proven. It makes life interesting...<ggg>. Bob