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

To: okey who wrote (2238)	4/26/1999 2:13:00 PM
From: Scotchman	Read Replies (2) \| Respond to of 15703

Thanks okey! Does Research Capital hold a lot of shares in KOB? and if so, is this the reason for the drop in share price today IYO(in your opinion)?

To: okey who wrote (2238)	4/26/1999 2:32:00 PM
From: Salt'n'Peppa	Read Replies (2) \| Respond to of 15703

Okey, while I agree with your analysis, I personally disagree with RC's decision, if that is, indeed, their motivation. Yes, KOB has less than half the WI of ELK in ELH, and none of the "outside" land, but what they do have is 4.4% of a proven entity (and soon to be a proven quantity!!!). Everyone is fixating on these "outside lands" and treating them as a sure thing. They are still extremely risky and everyone involved assumes that risk. Don't get me wrong, I hope and pray that every one comes in. Then I can retire! ggg Personally, I prefer to gamble on a "sure thing" (or as near as one can get). I think it is a little premature to be chasing that stuff, especially since the first well won't even spud for 2 months or so. I am buying KOB like crazy this morning. What a steal. JMHO. Have a good day, Rick.