Montello Resources Message Board

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Gold/Mining/Energy : Montello Resources

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To: Craig Spencer who wrote (2072)	4/2/1998 6:29:00 PM
From: JP	of 4256

<<get ready for a long slow Summer of low stock prices and excessive verbage>> They are planning to start drilling again in 3 to 8 weeks. It is not all winter access in that area -however they will have to select where they can and can not drill. They have moved the camp and are rewiring etc. This indicates to me that they will get back in there quite soon. I have rented pipeline camps before and they are not cheap. If they had given up for the year the camp would have been hauled back to Edmonton rather than out to the highway. I spoke to John (the new IR guy at MEO) he says they are quite bullish at the moment and are refining their targets. I think that the next drilling will tell if they have their crap together or not. The stock should do well if any junior hits kimberlite. Even MMU since MEO is just North of them. JP

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