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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (2125)	5/7/1998 7:17:00 PM
From: FRANK KENDRICK	of 4256

Hi JP & gang, Just a line to let you know I am alive and still have MEO. It was my understanding from what I had considered good sources that ACA DID approach MEO on at least two different occasions. Yes, DeBeers approached MEO as well. Some juniors will probably begin drilling in late June. Apparently they are flying the northern properties using a technique that will get them past magnetic sand. Activity will pick up and the juniors should move upward. Last time I talked to MEO they were still identifying new targets...had a few that looked interesting using the seismic data coupled with air mags. Don't sale the SE property short!!!! See ya'll in the Bahamas!!!! Frank K

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