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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 (2616)5/19/1999 11:37:00 PM
From: okey  Read Replies (1) | Respond to of 15703
 
Grayhairs, whether we argue can or cannot as to the ability to raise the money being private. Bill Armstrong wanted to get out of check writing. That's his decission. Risk to reward when you own 100% of the cost of drilling US$8 million wells X 3 is simply foolish, whether you can raise the money or not. Armstrong has 25% of the GSJB carried all the way thru the tests. I would do that deal every day of the week. May be you too.



To: grayhairs who wrote (2616)5/20/1999 7:18:00 AM
From: Bearcatbob  Respond to of 15703
 
Grayhairs, Of course we know why both parties did what they did - each percieved the action to financially great in to thier own needs. Frankly I could not care less what or why Armstong is or does. I have faith that BKP knows what they are doing and that management has put thier own money into the play. That is all I need to know about the BKP decision.

Here's to your golf game this weekend!

Bob


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