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Gold/Mining/Energy : Pure Gold Minerals (PUG)-TSE -- Ignore unavailable to you. Want to Upgrade?

To: JKNF who wrote (747)	9/6/1998 11:22:00 AM
From: teevee	Read Replies (1) \| Respond to of 1030

Hi, I agree that PUG won't stay this low for long. It will go lower. For those who have followed DS for years know that he has an amazing ability to make a stock with as many as 40 million shares outstanding trade large volumes between 12 and 28 cents. Liquidity is the key when raising exploration risk capital and not share price. Consequently, many relatively new penny stock buyers find out the hard way that averaging down with 'juniors' is usually a losing strategy. DS only rolls his shares back when liquidity at the 12 to 28 cent level evaporates. Good luck to you all.

To: JKNF who wrote (747)	10/14/1998 1:25:00 PM
From: Famularo	Read Replies (1) \| Respond to of 1030

JV discovers second kimberlite Montello Resources Ltd MEO Shares issued 37,716,158 Oct 13 close $0.43 Wed 14 Oct 98 News Release Also Redwood Resources Inc (RDW) Mr. Patrick Power reports Kennecott Canada Exploration has informed Montello Resources and Redwood Resources that it4 has intersected kimberlite on the target Roc at a depth of 120.4 metres. The hole was terminated early at 176.6m depth in kimberlite due to difficult drilling conditions. The drill rig has now been moved to the Dragon target and is currently drilling. With success on the first two drill targets, Kennecott has expanded the current drill program to include seven additional targets to be drilled before Christmas break. Follow-up magnetic surveys have been completed on these targets which have been selected and sequenced for drilling in the current program. LIST OF CURRENT TARGETS FOR 1998 Approx. six of Drilled/confirmed Target anomaly (m) kimberlite/depth Phoenix 400x400 Drilled, kimberlite intersected @ 102.7m terminated @ 225.8m in kimberlite Roc 200x200 Drilled, kimberlite intersected @ 120.4m terminated @ 175.6m in kimberlite Dragon 300x300 Drilling commenced Wyvern 1,000x150 Drilling 1998 program Chimera 150x100 Drilling 1998 program Pegasus 400x300 Drilling 1998 program Griffin 400x400 Drilling 1998 program Xena 300x300 Drilling 1998 program Medusa 1,400x150 Drilling 1998 program Legend 400x400 Drilling 1998 program Caustic fusion results from Phoenix will be available in approximately four to six weeks.