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


To: Salt'n'Peppa who wrote (1383)2/3/1999 10:30:00 AM
From: johnlag  Read Replies (1) | Respond to of 15703
 
Interesting, Berkley will assume 'during the earning phase' Armstrong's 17.5% interest. Does anyone understand this? Are they paying Armstrong's way through development for an earned interest?

If anyone has a good grasp, would appreciate their input. It's certainly bullish, perhaps a way to get more drill rigs on the prospect?