Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mr. Oil who wrote (2875)	5/30/1999 4:16:00 PM
From: grayhairs	Read Replies (1) \| Respond to of 15703

Yes, one must consider the share prices Ray. And, when you do you'll find that HTP provides, per my calculations, about 25% more leverage than does KOB. WRT the "other matters", I believe (but have not confirmed) that HTP after it's recent financings, has slightly more $/share on hand than KOB will have after its rights offering. I also believe (but haven't verified) that HTP has a greater cash flow/share from its other other assets than does KOB from its. And, HTP has an interest in the three adjacent San Joaquin exploration prospects with Berkley, Paramount, et al whereas KOB does not. The first well on that JV will spud within about 1 week, BTW. I did not attempt to "quantify" these factors because HTP was my "best leveraged choice" when looking at ELH on a standalone basis. The above considerations only help to tilt the scales a little further. JMHO. Have a pleasant day. Later, grayhairs