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


To: Wizzer who wrote (863)12/10/1998 4:37:00 AM
From: JL  Read Replies (2) | Respond to of 15703
 
Wisam...

Remember me? Been a while.

Ya know, I'm still suspicious of this play. There may well be something there but what is SOMETHING? I can show you a dozen plays that have SOMETHING there. Why is this one so different?

Granted... They flared in a most unfortunate way. But I still feel that buying into this is "high risk" second well and all. They never got a flow test reading. All they had was fire. Flare size and reservoir are not directly related. It's really unfortunate that they never had a chance to measure pressure depletion before the water came.

I believe in the internet. I believe that WE, the citizens of this digital world, have a big advantage other those who don't have access to all this information. What that really means is that "from the time a discovery is made until the time I can take advantage of it through investment is a lot shorter than it is for 99% of the population." Sure, I may not get in on the ground floor but I don't get burned often either.

JL