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Gold/Mining/Energy : Montello Resources
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To: Jesse who wrote (1479)2/5/1998 1:10:00 PM
From: chummer  Read Replies (3) of 4256
 
Jesse,
After talking with Thomas(Meo) and Tony(Rdw),it looks like they won't make any announcements until they have drilled at least 5 targets.That could take as much as 3 more weeks.Unlike Ashton, who last year announced finding kimberlite just 10 days after starting drilling, Montello and Redwood seem to be taking longer to release results.I might be somewhat worried about the lack of news, however they said right from the start that they were going drill 5 targets before releasing anything. That doesn't mean they might surprise us at any time.
Look for this as a buying opportunity.Ashton's magnetic surveys proved there was diamondiferous kimberlite, expect Montello to have the same.Patience, as always, is the key here!

Buffalo Bill
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