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


To: grayhairs who wrote (2375)5/6/1999 4:30:00 AM
From: Salt'n'Peppa  Read Replies (1) | Respond to of 15703
 
Grayhairs, great sleuthing, O wise one.
This is the sort of "official" word that we all have been waiting for and LOVE to see.

You and I know the facts and now, apparently, so do the management at Westminster.
They are betting the farm on ELH and the Greater San Joaquin lands (why don't we call them the GSJ lands).

Most encouraging.
Thanks,

Rick.



To: grayhairs who wrote (2375)5/6/1999 4:48:00 AM
From: Salt'n'Peppa  Read Replies (2) | Respond to of 15703
 
Grayhairs, help me out here.

Westminster announces record results for 1998, with revenue up 130%, cash flow up 214% and earnings up 200%. This is during the worst year in ages for the O&G sector. Just imagine what 1999 will offer WML.

Westminster is 100% natural gas based, which is currently riding high and is projected to be $3.00 USD/mcf by the fall.

Why the hell is WML so low?
I know they have some debt, but I don't understand it.
This should be a $10 stock.

Your confused cyber-buddy,
Rick.