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Gold/Mining/Energy : Montello Resources

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To: George S. Montgomery who wrote (3630)	10/8/1999 2:42:00 PM
From: JP	Read Replies (3) of 4256

<<You are expressing cynicism concerning MEO's real sources of income. gsm>> Not at all George. MEO is a speculative stock and has no source of income other than capital raised on the market. MMU is the same. Some of these mining exploration companies branch out into oil and gas exploration to provide a base income for the company but MEO has not done that in the past. The aeromag information that MEO has had carried out in Alberta is worth hundreds of thousands of dollars. I think it is wise for them to parlay this into a stake in oil and gas exploration -since they do not need to do much other than supply this valuable information to the endevour. It is similar to Marum using the data that they have accumulated looking for diamonds -now using that same data -and samples -to look for other buried treasures such as Gold and Minerals. JP

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