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

To: JP who wrote (4158)3/17/2000 12:58:00 PM
From: Elly Vasilopoulos  Read Replies (1) | Respond to of 4256
 
A favourite part of the news release:

"Under the terms of the Joint Venture, the Private Company will pay 100% of the costs to drill, log, case, complete and equip the Test Well to earn 50% Working Interest After Payout (APO) in the wellbore and 50% Working interest in the entire section."

A lovely deal!



To: JP who wrote (4158)3/18/2000 1:10:00 AM
From: Steve Johnston  Read Replies (2) | Respond to of 4256
 
So what's your point? Fully 40% of junior miners (now gone .com) have seen a bump equal to, or better than MEO, and none of them to date have shown any substance. They are all only lurching into this area to attract suckers, attract quick cash, to survive. MEO is no different IMHO. Only smoke in the wind, I am afraid. Show me "pucks in the net", JP.


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