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Gold/Mining/Energy : Montello Resources
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To: Dev who wrote (3000)2/4/1999 9:02:00 PM
From: Ned Land  Read Replies (1) of 4256
 
I think it's pointless to draw any inferences about the prospects of a mine on the Legend property from these results.

Botswana, South Africa and Angola all have clusters of barren kimberlite pipes with diamonds mines right next to them. Having said that, there are also others without any mines.

I'm just disappointed that the samples are so small, and I question the propriety of putting them out. Partial information is as likely to misinform as it is to inform.

I suspect that they were under a lot of pressure to put out some news, especially after stating they expected it in mid-January.

Does anyone have thoughts about the "Yes/No" type of disclosure. Does that stem from KT or MEO??

In short, I'm disappointed by the results, but nothing short of something pointing to a mine is "progress." In this regard, I measure all the ADP players are about even.
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