Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla Message Board

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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla

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To: Jesse who wrote (667)	8/10/1998 7:48:00 PM
From: Jesse	Read Replies (1) of 822

Fagan says major's involvement good for play Montello Resources Ltd MEO Shares issued 35,719,337 Aug 10 close $0.275 Mon 10 Aug 98 In the News Brian Fagan, writing in the August edition of the Fagan Report, comments that it was good news for the Alberta diamonds play when Montello Resources and partner Redwood Resources recently entered into a deal with Kennecott Canada Exploration. The agreement will allow Kennecott to earn a 60 per cent interest in the Legend property. Mr. Fagan says the important aspect of this major's involvement is that it is the third major diamond explorer in the play. "The involvement of these deep-pocketed majors ensures that the Alberta diamond play will get the exploration it deserves," Mr. Fagan says, with optimism. The letter writer has not recommended Montello, but of the 30-odd explorers in the play Mr. Fagan has recommended four: CaribGold Resources, Pure Gold Resources, New Claymore Resources, and Troymin Resources. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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