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

To: RSkarsten who wrote (865)12/10/1998 10:41:00 AM
From: Wizzer  Read Replies (2) | Respond to of 15703
 
I am beginning to believe that there is a lot we don't know about concerning this play. The market is acting very positively in regards to the recent news from these plays. I don't want to speculate on why and am hoping someone has a concrete answer.

Regards, Wisam



To: RSkarsten who wrote (865)12/10/1998 12:37:00 PM
From: RSkarsten  Respond to of 15703
 
I thought that things would recover a little, check my post 865 of last night to confirm.

A few things supporting the buying, my guess,
1. Many who lost 40 - 60 percent yesterday, could be buying back in to recoupe their losses.
2. Those who see that the price is up trending, and who think that there is a well there, are buying.
3. Stocks just taking a bounce. Remember Hegco? changes of 50 - 75 cents a day were common.


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