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Gold/Mining/Energy : Montello Resources

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To: Ned Land who wrote (2688)10/23/1998 11:53:00 PM
From: JP  Read Replies (1) of 4256
 
<<Because they both have the same chance of finding a mine and, as such, MEO is less expensive. That's why.>>

I don't know how you can say this Ned. I like Montello and I am gambling on them etc. etc. But- ACA has 20 some odd pipes -80% of which are diamondiferous. MEO probably has thirty pipes and hopefully has lots of diamonds as well but I can not say that 80% of MEO's pipes are diamondiferous, or have any diamonds at all for that matter. Until MEO proves up diamonds in their pipes -the odds are much better for ACA to have a mine than MEO. This is why I have PUG shares as well as MEO. If ACA goes, it will take PUG with it and I can make enough on PUG to cover the cost of my Montello. If PUG / ACA does nothing- the reverse could be true. ie -I think I have my ADP eggs in two baskets in case one drops. Hopefully they all hatch. :) JP
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