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

To: u2bob who wrote (14077)	2/7/2001 12:48:44 PM
From: que seria	Respond to of 15703

u2bob: I credit BKP with realizing it cannot responsibly project to the public what #3 will or even may do. Per Grayhairs and others' explanations, the company can project the existing structure out to #4, but cannot jump the gun on a new structure based on gas shows/kicks. Dare I say: Remember Cal Canal?! I'm loving the "new" BKP that talks up its properties as needed, but from a public co./investor standpoint I can't imagine the company treating #3 as anything but a wildcat, until proven otherwise. Companies must beware of investors with disappointed expectations quoting company PRs!