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Gold/Mining/Energy : Montello Resources
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To: Just Wayne who wrote (1284)1/5/1998 8:23:00 PM
From: david f. dempster  Read Replies (1) of 4256
 
Price for stock is usually based on comparision to other stock. ACA was at around 80 cents when they hit kimberlite they went to 2+ dollars. Take profits when you can but I see this going up to 2.00
if ACA has good results from K14c we will be 2+ until sample results come back. I think the wise thing to do is sell into rise and keep a
core stock that sits waiting for the 2 carat diamond found in the drill core. An event like this can send the stock up nicely. Ashton
has already proved kim's can produce on the craton, all Montello has
to do is produce Kim's and of course diamonds. Montello will be the first Junior drilling after ACA. IMO we will get the first run-up. If you sell now you might be disappointed(after holding for 9 months). I believe by mid January we will be at 1.10- 1.20 range. To each his own!!! Due what you need to do. I would wait another 2 weeks before you think about selling, by then we should have heard about kimberlite.
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