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


To: Lindsay Thomas Tobin who wrote (2819)11/12/1998 2:11:00 PM
From: JP  Respond to of 4256
 
Yahoo -this is all we really were waiting for! MEO has a cluster of some 30 odd pipes. The cluster has now proven to be diamondiferous. The next cluster over on ACA property has proven to be 80% diamondiferous -so we can expect great things to come.

Keep in mind that Kennecott was looking for kimberlite on that hole and it is simply a single 2.5 inch hole on a huge pipe.

They will not do anything further on this pipe because they need to drill and take inventory of all the other pipes in the area first.

This is great news dumped onto a deaf market. Look at ACA percent gain on a highly prospective bulk sample. MEO is doing great - but we still need to be patient. Buying will start once ACA moves higher because the question no longer is -who's next. Montello's next! JP