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Gold/Mining/Energy : Montello Resources

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To: bigjon who wrote (1273)1/4/1998 11:05:00 PM
From: gordon m.  Read Replies (1) of 4256
 
bigjon

re. <<< Their was a lot of volume in the $.85 range in
May 97. which could
impact it in this area. If those buyers are
insiders then we
may get lucky and the price will continue
upwards >>>

- Good assumption ; we may get lucky 'cause May/97 coincides with
News RLEASE :

<<< Wednesday, May 07, 1997
Joint Venture with Redwood
Montello Resources Ltd. (Montello) (symbol: ASE -
MEO) and Redwood Resources Ltd. (Redwood)
(symbol: ASE - RDW) are pleased to announce that
they have... >>>

- bit of excitement and perhaps window dressing to get the deal
signed and dotted back in May !

- otherwise , may experience a congestion area on the chart as
supply gets cleaned up.

Gord.
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