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Gold/Mining/Energy : Montello Resources

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To: ddl who wrote (2592)	10/15/1998 4:47:00 PM
From: JP	Read Replies (1) of 4256

<<If Montello had these targets in their office and knew what the hell they were doing, they would not have blown it when they drilled it themselves. They could not tell the difference between an ass and a horse. IMO, it took Kennecot to point these guys in the right direction, otherwise, we would not have been in this "lossing position because they drilled magnetic anolomies" >> Playing the stock market is a gamble and so is running a speculative mining company. If Montello had hit on the initial targets on the Jazz property -they would have lept up to 3-5 dollars due to the heat of the market. This would have made everyone lots of money. They missed the kims and so we all lost out -but it was the right time in the play and the market to take a gamble and I do not begrudge them for it. They then regrouped and spent the time and money wisely to get enough interesting things to get Kennecott to enter the sweetest deal I have seen for a while. We are now poised to do very well -even in an incredibly shitty market. MEO has traded up to 88 cents and they are now 50% of that in a terrible market. Look at ACA, PUG or Diamet for that matter. Pardon me for asking but what the hell do you want out of a small spec mining company? JP

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