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

To: SpecMan who wrote (1691)	2/26/1998 9:26:00 PM
From: david f. dempster	Respond to of 4256

I know that it is getting very frustrating waiting. I believe they have had difficulty locating it but they will hit, if they haven't hit already. Time will tell. Like you say they are on a steep learning curve and they will be learning more each day. I believe we will get news early next week!!! Ashton is sure out front but once we determine the right approach we will start hitting above .800

To: SpecMan who wrote (1691)	2/26/1998 9:41:00 PM
From: FRANK KENDRICK	Read Replies (1) \| Respond to of 4256

Hi SpecMan and gang, It is my understanding the targets now being drilled by MEO do not have the overburden that the initial targets had. The latest kimberlites found by ACA are on the same plain (domal structure) as MEO. Seismic data is now being used. Keep in mind that several of the juniors have a good relationship and share with each other some of what they have (info) or learn. It is also my understanding that satellite imaging is being used by some of the juniors. Like SpecMan, I too have heard the juniors now believe seismic data plays an important part in finding the kimberlite. When the juniors do uncover the secrets to finding the K stuff the area play will explode when coupled with ACA news. I feel MEO, if they do indeed have something, will announce before or at the PDAC (just my guess). See ya'll in the Bahamas!!! Frank K. P.S. - Wish I could dream like Frank F.!!!!! Thanks to all for invaluable information being provided on these threads.