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

To: JP who wrote (1751)	3/6/1998 1:01:00 AM
From: BAJAN	Read Replies (2) \| Respond to of 4256

Agreed. I have always been a long term (years) believer but info told to me was utter BS and I took out in excess of 50,000 share today, with more to follow. I will take my hits. (losses) but (a) hate being f..around, b. redwood got no money for the 2.5 million to follow , they were expecting to do a private placement, but who's going to put more money in if they have nothing. Meo $ running out, the 1.5 mil plus the private placement is being usurped rapidly. Tough spot for MEO. New money has to be found? where? if redwood fails, then they lose 1.5 mill for nothing, and if meo is to try another private placement, you better believe they want the price kept low enough to attract money. I did push Montello, not as promoter but believer and perceptual loyalty from source. mislead, much to my demise.but I will be out, hopefully the stock doen't crash too low. spoke to Tony Redwood, he was as exciting as a deflated balloon, maybe bullshit for all i know, long term...financial problems...etc etc. Too risky for any more of my money. good luck all.