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

To: George S. Montgomery who wrote (1790)3/8/1998 1:33:00 PM
From: DIAMOND JIM  Read Replies (1) | Respond to of 4256
 
Hi George..The 40% slide since the drilling program began is triggering the gloomy outlook in combination with a bit of hindsight from the company's past performance. MEO may yet find the formula or seek a JV but the market is rightfully reflecting concern over their lack of production, particularly on Fri. Regards DJ



To: George S. Montgomery who wrote (1790)3/8/1998 1:35:00 PM
From: ddl  Read Replies (2) | Respond to of 4256
 
George, I know that some letter writers who recommended MEO also recm'd that they place a stop loss at 50c. If this pans out, then I would not be surprised to see a faster drop after hitting 50c or lower. Mind you, I hope not. - denis


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