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Gold/Mining/Energy : Montello Resources
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To: violetta martinez who wrote (3029)2/6/1999 3:52:00 AM
From: Ned Land  Read Replies (2) of 4256
 
Have to admit I'm getting tired of averaging down.

I hear ya, Violetta but don't give up hope.

Part of the reason -- I think -- this thing keeps sinking lower is that people unfamiliar with diamond exploration have unrealistic expectations.

In the final analysis, the only thing that counts is whether one finds a commercial deposit and, currently, MEO has been as successful as any other ADP player has been in this regard.

It's unprecedented in diamond exploration history for a kimberlite province as large as this one is not to have a commercial pipe. Each "barren" pipe makes the process of discovery the viable one(s) close.

Off to bed!
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