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

To: lucy who wrote (2075)	4/3/1998 10:41:00 AM
From: JP	Respond to of 4256

<<If we see Montello ever go past .55, that would be extremely lucky>> Lucy, Lucy, Lucy -the insiders of MEO have a great number of options at 55 cents. It is a guaranteed thing that this stock will get back to 70 cents. Why do you think it is being supported at 40 cents? None of the larger players of this stock are selling -watch the volumes, the bid and asks! Mind you -if you have spare cash buy RDW or PUG right now, not that MEO is not a good buy, but PUG and Rdw are better buys. If Ashton has a commercial mine -the market will say- who has the nearest and largest land positions. That is what the larger investors are gambling on. At Voisey Bay, Absolute Resources spiked up to $7 for this reason and then tumbled back. The trick is be patient and don't get greedy! JP