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

To: Kerm Yerman who wrote (3011)6/3/1999 7:42:00 PM
From: usinvestor  Read Replies (1) | Respond to of 15703
 
to: grayhairs:

With some additional DD, I think you will see that PYRX has a 3.75% carried working interest in the Cal Canal project. They acquired their interest from Armstrong, therefore, your numbers will not add up if you are attempting to tie it to the Berkley interest spun off. So it seems to me that PYRX is the best for leverage since they do not have any drilling risk associated with these expensive wells.


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