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


To: JP who wrote (2502)10/6/1998 11:16:00 AM
From: Famularo  Read Replies (2) | Respond to of 4256
 
I have not spoken to John BUT I was told late last night that Montello was at approx between 85-90 meters and were still entertaining overburden on the second hole. Unless my source is smoking good Alberta pot, IMO, by now, we would have known more.
Based on this development, I have reduced my position to a very small position and would trade Montello with cautious. Market cap (.40) on Montello is a little high based on only one kimberlite, not even confirmed if it is diamondifirous. This can change if we confirm a second pipe as I beleive a runup back to .50plus is possible.

regards
Frank



To: JP who wrote (2502)10/6/1998 11:19:00 AM
From: gordon m.  Read Replies (1) | Respond to of 4256
 
JP - Thanks for the update.

BTW, have you scanned your Axionspatial CD over the Nina block for
any interesting fault features as there are on the Legend block ?
(Do you get a full screen atlas with the CD vs a 2" x 2" with the free
on-line version ?)

Anyone interested in viewing the faults on Legend can use this link
(select "online atlas" on left) :

axionspatial.com

Cheers,

Gord.