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Gold/Mining/Energy : Montello Resources

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To: Lindsay Thomas Tobin who wrote (2288)	7/28/1998 10:57:00 AM
From: JP	of 4256

<<Maybe Kennecott is looking to make up the money they lost in Hinton.Send good money after bad.Hey that's my investment stradegy.I think I'll buy some more Meo too>> Kennecott is a sucessful company. Exploration for underground minerals is an educated crapshoot. Kennecott has an exploration budget that they manage to spend with reasonable success. If they are willing to take MEO along for such a comfortable ride as was anounced yesterday -and base it entirely on the Legend bock -the chances of finding kims is incredibly high in my opinion. They said in their news release that Kennecott had done the follow up ground survey after doing the aeromag interpretation. Kennecott are not idiots -they are a big, successful company (mind you so was INCO). If you buy MEO today at 35 cents -you are just about guarranteed to make money on this stock. The trick is knowing when to sell. The old adage 'buy low and sell high' is what is rarely followed by most small investors. Now that Kennecott is in the picture you will see Mutual Fund managers paying attention to MEO once the market turns around.JP PS -I think that the key item here is that Kennecott didn't want the other MEO properties -they just want Legend! What does that tell you.

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