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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 (2246)	4/27/1999 1:08:00 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 15703

Not necessarily Okey, because there are other issues besides just WI. Ultimately, when all is said and done, yes, you are right, KOB will likely not rise as much as some others, percentage-wise. Do you plan on holding these for several years? I don't. However, KOB has long been the favourite amongst the JV's and does tend to have the greatest fluctuations. It has shown itself to be the first to rise rapidly on good news. This is what I am talking about. In my opinion, today KOB at $0.94 was a better buy than HTP at $2.07. I personally hold about equal amounts of KOB and HTP now, and feeling certain that ELH will prove itself sooner than the "outside lands", I am happy to leave it that way. The potential difference between KOB and HTP is not that much, now that HTP has added several million new shares. I think that regardless of which one a person buys into, they will do very well, and I wish everyone involved a huge tax bill in 2000! <ggg>