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

To: Bearcatbob who wrote (15535)	3/1/2002 2:32:05 PM
From: Hopsalong	Respond to of 15703

BCB--we're on the same page. By now we've all had lots of time to assess the risk/reward ratio and those of us left know we could very well lose money. But on the other side, the rewards are just as substantial as they ever were. PYR is my only holding in ELH anymore because I believe that unlike the other highly leveraged players, even with the beating we'd take if #4 results were disappointing, it still wouldn't be fatal and over time we could easily recover with one of the other wells or prospects. And with just a little bit of overdue luck in the current wells, we're on the way to your valuation. It's not that large a boat we're in and any wave should lift us pretty well.