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

To: Lindsay Thomas Tobin who wrote (1392)	1/20/1998 3:31:00 PM
From: chummer	Read Replies (1) \| Respond to of 4256

Lindsay, Your'e right, this is a tough market,I think many people want to see proof of diamonds yesterday! Yesterdays announcement by Ashton was not well recieved by the market because it did nothing to increase our overall optimism that there will be an economic mine in Alberta.The market is ready to move a step closer to that mine, and that will come from Montello/Redwood. Their drilling moves the focus from Ashton to them, and the market will be closely watching for an announcement that they've hit kimberlite. This could come within the next couple of weeks, and judging by the excitement at the Meo/Rdw camp , results of a kimberlite strike will be made. Remember, we must have patience. I firmly believe we will be rewarded in the end. There will be many peaks and valleys in this play, we may be down now, but I'm sure in the end we'll be on top.