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Gold/Mining/Energy : Montello Resources
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To: JP who wrote (1637)2/22/1998 7:27:00 AM
From: Bob Fairchild  Read Replies (2) of 4256
 
J.P. you said ,"to date Montello has found nothing". Thankyou for sharing that insider information with the rest of us. With that statement you must know more than the lab. DeBeers J.V. with Montello would legitimize this play and short term would boost the price. The negative would be that they would want to have majority control and would suppress information further than it is now. Some people believe they would even suppress diamond production in Alberta and the NWT to keep the price of diamonds inflated. For my money, I wouldn't mind seeing the South Africans in there as they have deeper pockets than Redwood and could finance this thing without Montello/Redwood creating an awful lot of paper.
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