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Gold/Mining/Energy : Montello Resources

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To: Famularo who wrote (2228)	7/12/1998 1:04:00 PM
From: FRANK KENDRICK	Read Replies (1) of 4256

Hi Frank F., Yes, the JV with a major is another very important piece of the puzzle. You would think if a deal is realized, it would be good for MEO and their drilling prospects (and hopefully the price of the stock). A major does bring the expertise needed in identifying the kimberlites. I noticed on another thread that Jesse felt the overburden was great on the Legend property except for the SE corner of the property. My guess is that if a major is willing to put up big bucks they have considered the overburden...if not, shame on them!!!! I am becoming more optimistic with MEO at this time. Time will tell. If there is an agreement with a major do you feel the other juniors will be able still exchange knowledge????? Any ideas who the major is (might be) ...DeBeers or Ashton or someone else??? See you in the Bahamas!!! Frank K

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