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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 (2431)	5/11/1999 7:41:00 PM
From: Salt'n'Peppa	Respond to of 15703

Roman, thanks very much for the text. Grayhairs, thanks for your gallant effort. In spite of pissing everyone off with share issues, etc... HTP is looking very good, once a bit of digging is done. They are sitting with 11.5% of the ELH play, 7% of the GSJ play and a pile of cash in the bank to cover operating expenses. They will have around 29 million shares, fully diluted, once all is said and done. In terms of leverage, they are still at the top of the heap. I wish I still had my PEL. I sold the remainder at $1.75 on Friday last week (one day too early - dammit!), to buy more HTP, since it was under $2 and I know the kill is close. Bad timing on my part, but at least I made a little on PEL. Have a good evening gents, Rick.