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


To: philip trigiani who wrote (2491)10/3/1998 2:07:00 PM
From: JP  Read Replies (2) | Respond to of 4256
 
<<Something that has been bothering me, is the factor of supply and demand of the product. >>

I think you are thinking too much Philip. :). You are right -those factors will eventually come into play and may prevent Montello from going from 20 dollars to 25 dollars. It is like the obsession with overburden -yes it has a factor but it will not stop the stock from going from 40 cents to 10 dollars if there is a good diamond count.
As far as Kennecott is concerned -they say that anything under 150 meters is quite viable as an open pit. (That is via Thomas at Montello) JP



To: philip trigiani who wrote (2491)10/3/1998 8:12:00 PM
From: gordon m.  Respond to of 4256
 
Philip - re " your concerns from your last post "

My opinion on the timing of the development of the ADP with respect
to the global economic cycle is;... it's in relatively good syncronization.

If/when a diamond mine is ever found and put into production in Alberta, the powers to be that has the ability to do so (ie the Majors); they must put on a pair of binoculars and analyze way past their noses into the future to reap the next global-economic-cycle-boom.

It'll take many many years to get a mine into operation, and what better timing than to have this development take place during a "less
costly economic environment / and even cheaper to jv with juniors vs
a full raging bull market , etc "

Of course, the opinion above is long term in nature, which requires a
lot of patience AND run the risk of not finding a mine at all ! Your
concerns may have been shorter to medium term , particularly in relation to the stock share pricing ?

An article with food for thought about the diamond market place :

diamondregistry.com

Looking forward to yours or anyone else's opinions.

Cheers,

Gord.