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Gold/Mining/Energy : Montello Resources

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To: Steve Johnston who wrote (3940)1/15/2000 1:08:00 PM
From: JP  Read Replies (1) of 4256
 
Well Steve -I can see who has and has not done their homework.
As far as business plan -they would be complete idiots if they started handing that around.
The 'family' connection that people keep bad mouthing is quite a good one. Pat Powers brother worked on the investment.com business plan- he is now working on the investment.ca business plan -which is 70% Montello. Did you watch investment.com (GIV) this past week. Was that 7.5 million dollars of PROMO that I saw trading a couple of days last week. Do a bit of homework -investment.com just allied with investment.com.uk. I would guess that investment.ca would have that to fall back on if they wanted.
Amazon.com did have a front runner advantage -but I doubt if they will ever justify the market cap since their idea is easily copied -and has been. (Actually -Amazon.com is the biggest hype play on the internet -seen their ad lately? Bought anything from them?)
Investment.ca has cost MEO next to nothing-and has great upside.
The oil properties that MEO is working on - think about it -why would the owners of that property vend it into MEO in exchange for shares if they did not think that it would be good for some good share appreciation. It is a good property -why would they have done that?
The Legend block is still looking like a prime piece of real estate. Manitoba is 40% MEO in the Kennecott exploration program.
Net-locate is taking time -but it still looks good.

MEO has never HYPED diamonds -they actually have had drilling and exploration in Alberta. If they were all HYPE -why would Kennecott -the exploration wing of Rio Tinto -one of the largest mining concerns in the world - keep partnering with them. Oh I get it -they are all idiots -and you have it figured. Keep thinking that way and you won't make much money in the market my friend. JP

MEO has a great deal more than talk -and if you can't see it- you should not go near. And if you are waiting for a divedend to be paid by a 25 cent stock -you will have a long wait.
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