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Gold/Mining/Energy : Montello Resources

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To: Famularo who wrote (2841)11/13/1998 6:54:00 PM
From: G.T.   of 4256
 
Diamonds
The diamonds in Alberta to date have all been to small to justify building a mine, that is the fact to date.
I have and do look at producing and possible producing mines in this and other countries. It is encouraging that another diamond bearing field has been found. I was trying to point out that under current market conditions why speculate when you are not being rewarded for it. Instead buy companies that have found the goods and are proving up tonnage to have a mine for only 4 to 5 times the cost of a pure speculation in a very illiquid market place.
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