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Gold/Mining/Energy : Montello Resources

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To: chummer who wrote (1480)2/5/1998 2:02:00 PM
From: Jesse  Read Replies (2) of 4256
 
Hi BB! I beg to differ with your comment re. Ashton! :) Now I know this is how Ashton made things appear, but apparently they had a lot more problematic holes before they actually started making public announcements of hot holes. Once you hit kimberlite, you can then re-refer to the signatures for finer interp., and consistently hit thereafter, if going after the more obvious targets.

This would have been much easier to get away with at the time, since Ashton wasn't under the microscope. Who'da thunk this area of Alberta would have yielded kimberlites, & then diamonds, as it has proved to? Not many in the investing community, back then.

This time, we're much more confident (hopeful). Montello has a lot of eyes on them. They're currently being viewed as the biggest next step in this area play, esp. since it is their geophysical signatures which are reportedly most similar to Ashton's (- -but hey, no pressure!). Hopefully, several other cos. will prove up kimb. too!

Regards,
-j
:>

ps, I don't believe MEO will sit on any material info. I think we'll hear it as it's received and reviewed by them.
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