Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Quint who wrote (171)	11/25/1998 12:21:00 PM
From: Serge Collins	Read Replies (2) \| Respond to of 15703

The reason the stock is going up: because it's going up! There is no legitimate reason for this upward move. It cannot be related to Lost Hills because the other players in the play, who incidentally, have a much bigger stake in the play, are both down. KOB has a 4.56% interest in Lost Hills. This is a speculative momentum play--a classic pump and dump.

To: Quint who wrote (171)	11/26/1998 11:08:00 AM
From: Hutch	Read Replies (1) \| Respond to of 15703

East Lost Hills Bellevue No. 1 well blow out Kookaburra Resources Ltd KOB Shares issued 15,388,036 Nov 24 close $0.60 Wed 25 Nov 98 News Release Mr. Graeme Robinson reports The East Lost Hills Bellevue No. 1 well, in which Kookaburra's subsidiary, KOB Energy, holds a 5.2 per cent interest, blew out and ignited at about 8:30 p.m. last night. All rig workers and crew were safely evacuated and the fire is contained to the rig site and does not threaten any residents. An expert well control team, Boots and Coots from Houston, arrived on the scene at approximately 3:00 a.m. today and the intention is to bring the well under control as quickly as possible. An emergency response plan remains in effect. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com