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


To: Joe Sing who wrote (1782)3/7/1998 10:24:00 PM
From: JP  Read Replies (2) | Respond to of 4256
 
Joe - Both Frank and I got through on friday to thomas and he had little to say on the plus or negative side. I think -since they don't have anything that they can tell us without a release- they go for a lot of breaks. A lot of their time is out selling the play to the brokerage houses.
I find that when I am getting frustrated I print off the ACA chart and compare it with MEO. MEO is not doing badly -think of how frustrated the PUG owners -like me - are getting. PUG has kimberlite, they have diamonds, but they are still barely over a buck.
I personnally think that the whole world is trying to play it safe these days and putting all their money in the indexed mutual funds -which are grossly overpriced since the indexed stocks can not keep up with the demand and are artificially rising. Once this bubble breaks -there will be more money coming back into the spec stocks.
If Ashton can't get rolling in todays market -I don't think Montello will. My secret wish is that P. Powers thinks this way too and does not want to anounce kimberlite until he can anounce diamondiferous kimberlite and get the ball rolling. JP {:^)