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Gold/Mining/Energy : Montello Resources

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To: Sailfish who wrote (3289)5/20/1999 12:20:00 AM
From: JP  Read Replies (1) of 4256
 
<<BTW, the concept is good...It's got potential...But, IMO, to date, not enough realize it...>>

Isn't that the time to buy things? Time will tell. My thoughts are that this outfit has a great product that has been developed and is just ready to take off. MEO happened upon it just when they need money to get over the hump. This deal allows MEO to invest and the original company to stay whole. It is exactly the same stage that AXON is at. The only difference is that AXON is making it over the hump without external help. MEO saw an opportunity and grabbed it. Time will tell if it was the correct one to invest in -very similar to spending money looking for diamonds. The only difference is that this one does not rely on luck to the same degree as diamond mining.
Whether your sell or hole recommendation was right -we will have to see. JP
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