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Gold/Mining/Energy : Montello Resources

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To: Wally B who wrote (2917)11/30/1998 10:36:00 PM
From: FRANK KENDRICK  Read Replies (1) of 4256
 
Hi Wally and George,

Thanks. People see ACA hit 23 pipes and not get the big one and they get the attitude "SHOW ME THE DIAMONDS...BEFORE I INVEST AT 27 CENTS CANADIAN!!!!".

It seems to me that with a new diamondiferous field, it is like starting over again (to a point). Here MEO is in the middle of the new field (might have a good piece of the pie). It seems to me that with the average only 1 in 100 pipes being economic, that the rest could be crap but that one...it wouldn't hurt though for some good counts on several pipes!!!! What was it...1 in 10 pipes is diamondiferous and 1 in 10 diamondiferous pipes is economic???? The cheap price would seem to be more incentive to want to buy now before they announce good counts in pipes. Buy low sell high??????

It's funny people were willing to invest up to $.90c when drilling started a couple of years ago but now are willing to pay only $.27c.
Boy, have the times changed!!!

Another steal (IMO)is NCS...do your DD.

See ya'll in the Bahamas!!!

Frank K
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