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: Roman S. who wrote (760)	12/8/1998 11:59:00 PM
From: LABMAN	Respond to of 15703

Roman ARGENTINA GOLD ARP VSE HOSTILE BID BY ABX FOLLOW IT ON THE THREAD LM

To: Roman S. who wrote (760)	12/9/1998 12:03:00 AM
From: Salt'n'Peppa	Read Replies (2) \| Respond to of 15703

It's not all over yet guys... Think about it. We are quite far down in the Temblor section, with 300+ feet of good drilling above the current TD, suggesting good porosity. It took two weeks of FULL BORE flaring, with a huge draw on the reservoir, to pull in water and extinguish the flare. This is known as "coning" in oily terms. There MUST still be a lot of gas and condensate (maybe a 300 foot column) at this location. I couldn't even hazard a guess as to reserves. I agree with the previous message, that in the short term, the stock will dive, but it will ultimately be higher than $2.00. Hopefully, Rick.