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


To: Ned Land who wrote (2683)10/23/1998 6:43:00 AM
From: JKNF  Respond to of 4256
 
Patience, once we get some diamonds results, things should become very interesting, till then, big deal another kimberlite!!!

I think what JP meant, that in the mean time till diamond counts are available any positive share appreciation in ACA, should be reflected in MEO.

Regards

John



To: Ned Land who wrote (2683)10/23/1998 8:49:00 AM
From: Famularo  Respond to of 4256
 
>>>I don't understand your logic here JP. What does the price of ACA have to do with the whether MEO has a mine? Nothing, I suppose. <<<

It has lots to do with Ashton. Right now, Ashton is the MOST advanced in Alberta. Ashton is currently in first place to prove if Alberta can host commercial production. 23 pipes, and 16 are diamondifirous. Mini Bulk has been done on may pipes. Montello has just found three pipes, (more to come, I am sure), after each pipe the public needs to wait, 4-6 weeks per pipe... Then a mini bulk as to be scheduled/extracted and processed. We then need numbers BETTER than Ashton and then we move on to BULK sampling. Everyting I said here will take time. Stock will appreciate on initial news but eventually come down. Just look at Ashton. It used to be $8.05, and now only $1.45. Montello and other juniors will always be compared to Ashton's success/failure. What JP is saying that if Ashton moves up its market cap, others should follow, irrelevant of where the juniors are in the exploration cycle.. Happy Investing, better times are ahead of us.

regards
Frank



To: Ned Land who wrote (2683)10/23/1998 12:01:00 PM
From: JP  Read Replies (2) | Respond to of 4256
 
Ned - If you can buy ACA at 1.40 why buy meo at 50?
If ACA is $3 then Meo will be $1.50. Same reason that MEO sat at close to bang on 10% of ACA for the longest time. If ACA shoots up -then attention will come to ADP and the investors will say -who's next? JP