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Gold/Mining/Energy : Montello Resources

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To: Steve Johnston who wrote (3255)5/16/1999 6:57:00 PM
From: JP  Read Replies (2) of 4256
 
Ned brought up some basic economics in the past. I had only one economic principle drilled into me in University and I think of my crazy professor fondly because of it -it has made my decisions in business and the market much easier.

'The decision to inject money into a project (or stock in this case) should in no way be based upon how much has been spent in the past. You must look at today forward when making your decision.'

A good example is Montello -at 10 cents it was a no-brainer. But if you are bitter due to money already spent -you miss the oppertunity.
Bottom line is that you neither lose or make money until you sell.

The main reason I stick with Montello is that I know all about it now -better the devil you know....

And as far as the Russian Mafia is involved Ned -I would love it!!
I'm still pissed I did not own BreX when it was first at $1.00.
We are here to make money on the market -no other reason.

If anyone is wondering where all this Insider type -internet info comes from -read the last paragraph of the last news release and try to think of anything else it could mean. JP
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