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Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?


To: Steve Johnston who wrote (3503)9/10/1999 8:38:00 PM
From: Ned Land  Respond to of 4256
 
Sorry Steve, I responded to Bob's post before I read yours. Didn't mean to step on your toes!

The good news: the markets are closed tomorrow and MEO's efforts to clog the sump-pump are therefore suspended.



To: Steve Johnston who wrote (3503)9/11/1999 12:27:00 AM
From: JP  Read Replies (2) | Respond to of 4256
 
<<If the developers of net-locate think their product is that good why would they pick a bunch of "pick in hand" prospecting diamond promoters to be "their marketing arm". Get serious, please. >>

Because that 'bunch' was able to inject $250k US into the company at a time that they needed to get over the 'hump' of introducing a new product to the market place. Banks won't lend you the money and accountants don't let individuals invest until the momentum starts in a stock play like this. You can buy in now, cheap-or you can wait till it hits .40 cents and ride it to .80 cents. Your choice -but keep in mind that very few companies can go out and raise capital very easily - Pat Powers seems to be fairly good at it- and therein lies the talent pool that AVL was tapping.



To: Steve Johnston who wrote (3503)9/11/1999 1:46:00 AM
From: Bob Basil  Read Replies (2) | Respond to of 4256
 
The proof will be in the pudding. At *these* price-levels, I'm happy to put some MEO in my portfolio. I think Pat Powers and the rest of the company's management showed a lot of foresight, as JP indicated, going into this venture. Obviously not everyone agrees, but I have found the team there forthcoming and forward-looking and impressive.