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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 (2442)5/12/1999 3:21:00 PM
From: Don Richards  Read Replies (1) | Respond to of 15703
 
Thanks Rick,
For putting that much effort into providing that info.My DD of sometime ago resulted in me being undecided between these same 4 companies that you just mentioned,which all suited my investing style
the best..As you stated,choosing the company/companies to invest in is up to the individual,and of course there's more to choose from too!FWIW I eventually chose KOB/HTP.But each to his own!!



To: Salt'n'Peppa who wrote (2442)5/12/1999 9:02:00 PM
From: Carpedia  Respond to of 15703
 
Thanks Rick, for providing some good information and comparisons on the different companies. Your thoughts were much appreciated.



To: Salt'n'Peppa who wrote (2442)5/12/1999 9:09:00 PM
From: Stockbull  Respond to of 15703
 
What happened here guys,any news from the site? I thought they only
had 20 ft to go (weeks ago),must be using some new microdrill.
Does anyone know what the pressure is currently???,Thanks.



To: Salt'n'Peppa who wrote (2442)5/12/1999 10:48:00 PM
From: Check  Read Replies (1) | Respond to of 15703
 
Hi Rick,

<<PYRX would be valued at:
((4,000,000,000,000/1000) X 0.0925)/17,800,000 = $20.79 CDN>>

PYRX after the present financing, (and if they do the full $ 1.5 million more they announced), would have 19.2 million shares out fully diluted. But the 9.253% interest you are using is the after payout interest, not before payout! as is the case with the others.

Using my best guesstimates of the JV partners' after payout interest on this portion of the ELH only and making some conservative adjustments for their present worth, I come up with:
ELK....$ 14.05...+ 346%
HTP....$ 11.86... +519%
KOB....$ 6.79... +528%
RLP....$ 8.94... +231%
PYRX...$ 14.03(US)... +523%
WML....$ 14.78... +236%

These numbers are based on today's closing prices and your 4 TCF example valued at 1 CDN$/mcf. As you can see, there is little difference between the juniors now, but a big difference between the producers.
IMO anyway, BWTFDIK.

Got to rest my fingers now for sure. Have a good one.