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Gold/Mining/Energy : Montello Resources

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To: Chucky99 who wrote (3247)5/15/1999 12:10:00 PM
From: Sailfish  Read Replies (2) of 4256
 
Greetings Chucky99...

Two other situations approaching that could also shortly play towards a hefty stock price increase...

1)...almost 750,000 .38 Options expire March19 (next Wednesday)...If there is a PR before that date, then we could very easily surpass that figure...After all, it would mean over a quarter million dollars to the companies coffers...So there could be some incentive there for the company to issue a PR on Monday or Tuesday...

2)...If no PR before close on May 19th, then next situation comes into play on or before June 19 when 2,000,000 .58 warrants expire...Now, if exercised, that would mean approx $1.1 Million to the companies coffers...So that's another incentive to come out with a real "barn-burner" of a PR...

It's also important to consider just WHO owns these Options and Warrants...

Like I mentioned in a previous post, something other than the ADP could apparently be brewing here...

But, what the hell do I know...

Regards...Ray
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