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Gold/Mining/Energy : Montello Resources
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To: Alfonso Agostino who wrote (1514)2/11/1998 10:56:00 AM
From: philip trigiani  Read Replies (1) of 4256
 
My understanding on the Hinton project, was that Kennecott decided not to pursue further on these properties. Obviously, Kennecott who was paying for the drilling, put MEO on hold, because they didn't have the cash to proceed on their own. If BH works out, MEO will be back with equity financing and could possibly return to Hinton at a later date.
IMHO
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