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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (2002)3/25/1998 11:44:00 PM
From: Joe Sing  Read Replies (2) of 4256
 
Well, nothing like a little adversity to see who the investors are, eh? But lets get some facts straight, and get ahold of ourselves.

"Don't forget that AEC found the first 16 pipes on seismic and then called Ashton.(and when you find a pipe on seismic -you are right on top of it!)MEO can't afford that approach with OUR money."

In point of fact, JP, AEC didn't find the pipes with seismic. They found them with airmags. Then, seismic was used to see if a specific anomoly was intrusive versus mmagnetite or something else shallow.

On some targets, K14 and K6 for example, this wasn't even necessary since there were huge outcroppings.

While this process seems fairly simple, I am told that it is not. Accordingly, I think it would be premature to conclude MEO is a lost cause.

George states:"Was once told that the Canadian exchanges were like the Wild West. Now, I am beginning to see the truth of what I was told."

I disagree with you George. I think Canadian markets are pretty well regulated, certainly much better than the OTC. And, in terms of order execution and fairness for retail investors, its much better than NASDAQ.

The fact that you may loose money is not a sufficient indictment of a market. By that measure, all market are apt to be "like the Wild West."

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