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Gold/Mining/Energy : Montello Resources

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To: Craig Spencer who wrote (1998)	3/25/1998 10:49:00 PM
From: JP	of 4256

My bet is that Meo does not drop much tomorrow. The news was out last week, Kaiser reported it and Thomas just about said it on the phone. They only spent $350k on the drilling - and learned alot. Not too bad a deal. Everest and others are going to start drilling soon -hopefully the juniors share info a bit. MEO has so much land -they are sitting reasonably well. Heck -PUG is sitting at the equivalent of 20 cents -pre-consolidation and they have 1/3 of what Ashton has. Sit tight folks - we will still all make good money. I wouldn't be supprised if MEO has some good news that they are saving for the market to want it. JP

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