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

To: JP who wrote (2002)	3/25/1998 11:44:00 PM
From: Joe Sing	Read Replies (2) \| Respond to of 4256

Well, nothing like a little adversity to see who the investors are, eh? But lets get some facts straight, and get ahold of ourselves. "Don't forget that AEC found the first 16 pipes on seismic and then called Ashton.(and when you find a pipe on seismic -you are right on top of it!)MEO can't afford that approach with OUR money." In point of fact, JP, AEC didn't find the pipes with seismic. They found them with airmags. Then, seismic was used to see if a specific anomoly was intrusive versus mmagnetite or something else shallow. On some targets, K14 and K6 for example, this wasn't even necessary since there were huge outcroppings. While this process seems fairly simple, I am told that it is not. Accordingly, I think it would be premature to conclude MEO is a lost cause. George states:"Was once told that the Canadian exchanges were like the Wild West. Now, I am beginning to see the truth of what I was told." I disagree with you George. I think Canadian markets are pretty well regulated, certainly much better than the OTC. And, in terms of order execution and fairness for retail investors, its much better than NASDAQ. The fact that you may loose money is not a sufficient indictment of a market. By that measure, all market are apt to be "like the Wild West."

To: JP who wrote (2002)	3/26/1998 12:09:00 AM
From: Garnet2	Read Replies (1) \| Respond to of 4256

Greeting JP, fello MEO holders. I'm in on this one and have lurked for some time and finally had to join in. Interesting to see the wide range of opinions and sentiment out there. Seems to me a lot of folks are writing this off and doing exactly the opposite that they should be doing with this one. They bought high and then sold low. I heard one newsletter put out a "stop-loss" at .50 so you're selling into the lower half of the trading range. What's with that? As for the short term reaction to the release - call me naive - but seems to me it's already been discounted, that most if not everyone who want to to sell has, and the bottom was around .40. Nice gap up 2 days ago. I think it could pull back and test the low but it could be over. Especially if they can come up with some new seismic targets to drill. Man they have only scratched the surface on one of four property blocks, way too early to write off at this early stage - what a trading opportunity.