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

To: Kerm Yerman who wrote (1090)	12/16/1998 10:04:00 AM
From: Check	Read Replies (1) \| Respond to of 15703

Hi Kerm, I agree with your groupings, except that you've left PYR out of G 3. Along with Armstrong, they were the originators of this play and probably know more about the geology of this area than all of us put together. I also don't see much of ELH premium in some of the Group 3. Confessing I'm long ELK, I honestly don't think that at approx. 3 X next year's CF you are paying much for the play. Worries me, actually. I also see qualitative differences in G 3 but I think I'll keep them to myself. Checking out