Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JKNF who wrote (1802)	3/8/1998 9:14:00 PM
From: JP	Read Replies (1) \| Respond to of 4256

<<Ashton's parent company in Australia is a diamond producer, do you think that may have anything to do with Ashton's success?>> Actually I don't - A geologist finds oil and gas - and the company pays him. Many oil and gas companies are built around their senior geologists and exploration engineers. Just because a company operates a successful oil or gas field - it does not make them any better at finding new ones. I thought Ashtons Australian mine was based on a single lamprotite. Are we sure that Ashton even found it -or just put up the money after it was found? The point that I am trying to make is that -yes Ashton is a good company- but even a one man company-with a good geologist-can do the same given the right property - mining - like oil and gas - is simply an educated crapshoot. Proximity to the existing proven pipes with diamonds is still the best edge. That is why I like Montello,Troymin, Newclaymore and Absolut the best -they are the closest to the known pipes. (same works with oil and gas) JP