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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (4023)	2/2/2000 10:30:00 AM
From: JP	Read Replies (2) of 4256

Well we have a good base at 24 -25 but I sure would like to see MEO start to move from here and break the 30 cent mark. The volumes sure are good. Once they anounce a drilling partner we should see some action. The thing that the market doesn't seem to give credit to is that MEO has all these "pokers in the fire" and they are all fully paid for! They are about to drill a well - which if successful -will produce a good cashflow without any associated debts. They are about to drill on Legend- which if successful -will produce a good cashflow without any associated debts. They are about to launch Net-Locate- which if successful -will produce a good cashflow without any associated debts. They are about to launch investment/rrsp.ca - which if successful -will produce a good cashflow without any associated debts. Manitoba is fully paid up to date. It is a mystery to me why the market has not yet given full credit to this situation. Mind you we have doubled in the last month -but we have been waiting so long it is easy to get impatient! JP

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