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


To: JP who wrote (2113)4/29/1998 4:16:00 AM
From: Joe Sing  Respond to of 4256
 
I think the market's on my side JP!

The stock is moribund and the thread is dead.



To: JP who wrote (2113)4/29/1998 1:17:00 PM
From: Simon Lyonns  Read Replies (1) | Respond to of 4256
 
JP

Apprarently the Alberta govt. has given the go-ahead for the recommencement of drilling in Buffalo Hills due to the now suitable weather conditions.

I've heard that Columbia Yukon intends be the first to start drilling again while Montello, which has far more drill targets, will probably hold off until later in May. Apparently, it'll take another couple of weeks to finish prioritizing drill targets based on new highly effective interpretive techniques employing seismic data.

So, it could prove to be a buoyant spring after all if we see discoveries outside of the Ashton camp, which statistically seems like a probability. This is based on the notion that a number of kimberlite clusters are peppered across the Buffalo Head Craton. By way of explanation, most diamondiferous cratonic land masses around the world, such as in the NWT and Siberia, host as many as a couple of hundred pipes each. So, it's still early days yet.

Simon