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Gold/Mining/Energy : Montello Resources

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To: average joe who wrote (3708)	11/2/1999 6:48:00 PM
From: JP	Read Replies (1) of 4256

Spoke to Thomas at MEO. Unfortunately there is nothing new to report other than they are working diligently on what they have reported in the past. Server for net locate should be up in the next while - and they have some good deals in the works. Manitoba samples are in the lab and Kennecott is processing. Alberta is rather dead until someone finds a commercial deposit. Thomas points out that ACA which is the lead in Alberta -is trading below 70 cents -so it is pretty hard to raise money to do much. Oil and Gas prospects are looking good but we will have to wait for news there as well. JP

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