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


To: Sudhir Khanna who wrote (2294)7/30/1998 5:57:00 PM
From: JP  Read Replies (1) | Respond to of 4256
 
<<The deal is week for Montello because it is not yet a commitment. Lets see if the deal closes in its current form (which I already consider week for MEO). >>

Is this not the same amount of commitment that was given to Troymin by DeBeers? A 'Letter of Intent' is a legal document.

Montello now has 28% of the Legend block without the need to spend a penny for the next few years plus they have a very knowledgable partner plus Kennecott even has to keep MEOs lights on while they explore the other blocks. (Which you seem to only be able to consider one at a time in your recommendations) WHAT PART OF THIS DEAL IS WEAK? JP
PS -How can you say <<First, let me say that I want companies to succeed in Alberta. New discoveries will help all involved. It is an ill bird that fouls its own nest.>> and then provide unbiased reports. You are basically saying -admitting- that you won't say bad things about a stock while you own it!! (I rarely do either but I'm not a news letter writer -I'm just a working stiff in the oil and gas industry)