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Gold/Mining/Energy : Montello Resources

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To: ddl who wrote (3064)3/5/1999 10:35:00 AM
From: JP  Read Replies (1) of 4256
 
<<Wish I had your optimism>>

It depends on if you are trying to make money on the stock play or actually finding a commercial mine. The market is not allowing the stock play scenario to work these days. The chance of finding a commercial mine is slim -and always has been. Plus once you find the kim -it is just pure luck if it holds enough diamonds to make economic sense. Science works to a point- an early point- and then it is pure luck from there on in. That is why I find humour in Marums attempts to try to tell the public that science applies right thru the entire cycle. That is why MEO and ACA have more that one thing going on all the time -when they are drilling at X they are talking up Y -so they always have a PLAN B to prop up the stock price and our investment. In mining -you aways need a PLAN B -otherwise the stock dies and the company is out of business. JP
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