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Gold/Mining/Energy : Montello Resources

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To: John B. Jones who wrote (2118)5/6/1998 12:38:00 AM
From: RBMac   of 4256
 
As it has been said on this and other ADP related threads, the ADPis far from over. MEO may never see .90 again but .50 is a definite possibility. It is simply a spec stock that has a nice up and down pattern to it - instead of just way down and a few little spikes.
I'm in for a bit, and then will get out and maybe back in again. If Ashton finds the goods then MEO is going to be around for awhile until they've either exhausted their land or have diluted themselves to death.

How much cash do they have? RDW still have some payments to make?

In sum:

1. It is not a waste of time but I wouldn't hold MEO in your RRSP for the long term.

2. Tough call. Play the peaks and valleys.

3. Yeah, I care.
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