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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (1966)	3/25/1998 10:18:00 PM
From: Craig Spencer	Read Replies (2) of 4256

Sorry to take so long to respond. I wanted to do some research but still have no time. I think that Mr. Powere was previously involved with a software/telecommunication company that went nowhere. I do not know if he has any mining/geology background. I do know that he was a major factor in Ashton spiking to $8 last year because of his statements in advance of an actual release and that Ahston was not to pleased with him. I hope things have patched up and that he is getting some help from Ashton or at least someone who knows how to find kimberlite. Someone else that I respect compares the Alberta play to a very thick book and says we are now on page two. We may see more drilling this summer but it may be next year, right now no one knows. It sure doesn't make sense to go poking holes in the ground until the research is done. All parties gave it their best shot and all shot blanks. If it was easy diamonds would not be as valuable. This is a very complicated business. Ashton has to be using a unique method. Hopefully others will figure it out.

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