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Gold/Mining/Energy : Montello Resources

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To: philip trigiani who wrote (2066)	3/31/1998 2:54:00 PM
From: JP	of 4256

<< RDW should be following MEO with only 30% interest at this point, not surpassing MEO.>> There you go -trying to relate logic to the market again. Look at ACA and MEO over the last year. In general, MEO has been doing slightly better than ACA. MEO is usually 10% of ACA. Even with new kims for ACA and crappy news for MEO -we are still at 10%. Kaiser does not say that MEO is running out of money -he is more concerned about where some of it went. Kaiser muses on but he seems be ignoring the fact that MEO is just following -It does not yet have a life of its own. Look at today. ACA down -meo down the same percentage. When a junior finds a pipe then we will see MEO outperform ACA for a while. JP PS I still am wondering about ALR. The leverage on it is quite large. MMU is too far away to make a difference.

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