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

To: Chad Barrett who wrote (444)	12/6/1998 1:56:00 AM
From: Roman S.	Read Replies (1) \| Respond to of 15703

Just saw the video! Once you all view this the reality is there. There has to be massive pressure to do something like this! I wish we had a physicist on this link to calculate the flow based on diameter of hole and height of flames...anyone? I'm sure the calculations are more complex though, but could be estimated using this tecnique. Oh boy this baby should fly on Monday and maybe all week. Just pay attention to all the big boys setting their eyes on this miracle(forus). Always an optimist, after buying over 10 penny stocks over the last 5 years, I dream of a ?X bagger.

To: Chad Barrett who wrote (444)	12/6/1998 2:44:00 AM
From: JL	Read Replies (1) \| Respond to of 15703

Chad... Once the well is capped and under control (that's a question right now because no one, especially not the companies involved, has said officially that the well isn't damaged... In fact quite the opposite. Boots and Coots say that it might be damaged) the testing process requires about 7 days. As for how the profits translate to the individual companies... Consider the percentages that each owns in the play and then divide the approximate value of the play (proven reservoir) by their percentage. Then divide that by the number of diluted shares and you have the actual value of the discovery for each company's shares. At this point there are way too many unknowns to do this. All you can do is SPECULATE and ride the curve while there's nothing very solid under you until you realize that the value of the find is less than the price of the stock shares and you, indeed, have nothing under you, and you sell. You win and someone else loses. The opposite is that you ride the curve and the ground becomes solid under you and you hold. That's the way the game is played. For that reason ($$$) you have to pay attention at THIS stage particularly. Investing in this play right now is SPECULATION not a SURE thing. Although at these prices I find it hard to imagine that you can't realize some profit. The question is... How big? JL