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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 (12026)	9/27/2000 11:29:20 AM
From: Enigma	Read Replies (2) \| Respond to of 15703

Greyhairs - as you know by PM I own ELK. I agree with a recent post from Russett to the effect that it's hard for newcomers to this thread to sort through or understand the posts which for the most part display an intimate knowledge of this play and players, terms of the J/Vs etc. Back to ELK - at this price how much of the ELH future drilling speculation is reflected in the price do you think? I'm thinking of the downside primarily - if results are disappointing. It's strange in view of the high energy price that the stock price is languishing - bearing in mind where it has come from - not just earlier this year - but previously. Look at it another way - from ELH only include future cash flow from BKP #1 - how does the current stock price stack up as a multiple of 2001 cash flow per share do you think?