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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla -- Ignore unavailable to you. Want to Upgrade?


To: Famularo who wrote (357)1/15/1998 12:59:00 PM
From: Robert Morris  Respond to of 822
 
EGS - Emerging Growth Stocks - ALBERTA DIAMOND EXPLORATION

From - investor1.com - (under Newsletters / EGS)

ALBERTA DIAMOND EXPLORATION

The World Is Watching Montello

MEO kicked off the new year with a roar, touching a new 52 week high of $0.90 on January 2nd, driven by positive press on the play in the Canadian press over the holidays, news that Montello has received its $1.5 million payment from Redwood, and the certainty that drilling in now finally imminent in Buffalo Hills, and well underway by the time you receive this issue. The most difficult decision will be knowing when to sell. You have some targets in my last issue. I believe there is an excellent chance they are indeed sitting on some kimberlite pipes. Once this is confirmed we'll simply have to wait for results to evaluate their potential. As always, I will be trading some stock when it begins looking overbought, but maintain a core position in the event they hit the big one.

Next to Montello I am keeping an eye on Everest EVR.V which has recently doubled from a bottom at $0.20 in December and has been very aggressive in acquiring strategic land positions in and around the Craton. I am patiently awaiting the results of airborne magnetic surveys on their various property blocks to see if they come up with any good anomalies.