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

To: G.T. who wrote (2838)	11/13/1998 12:44:00 AM
From: JKNF	Respond to of 4256

Ohh Great one, thank you for gracing our thread with your insight and knowledge about diamonds, now pop back into your bottle and don't come out unless we call you!!!

To: G.T. who wrote (2838)	11/13/1998 7:22:00 AM
From: FRANK KENDRICK	Respond to of 4256

Hi G.T., <<Not one economic pipe found in Alberta yet !!! 40 carats per 100 tonnes is not economic so you can have ACA. Diamond companies in the territories with drill probable billion dollar deposits are currently trading for only 4 to 5 times above the Alberta moose pasture stocks.>> Remember that you must begin somewhere. I disagree about whether 40 cpht in Alberta is economic. It could very easily be in my opinion. It depends on size and quality. I do have ACA. The fact the diamonds are found in Alberta will bring Alberta money into this play. It is my understanding it is a rich province. Promotion and perception are very important parts of a company's share price. It is what someone is willing to pay that makes the price. Costs to produce the diamonds is a very big factor as well. I think the ADP beats the NWT hands down in that aspect. Good look in your investing. See you in the Bahamas!!! Frank K

To: G.T. who wrote (2838)	11/13/1998 9:09:00 AM
From: Famularo	Read Replies (1) \| Respond to of 4256

>>> 40 carats per 100 tonnes is not economic <<< You must be joking! Based on your comment, you have not done any research on producing mines in the World. Please be careful with your comments. The average producing mine in South Africa is 23 carats per 100 ton. How do you come up with 40ct/100t? Can you explain? For your information, 20ct per 100t, with good size distribution and gem quality stones is all we need in Alberta. This is the biggest oversight by so many.. One sight you may be able to get info on diamond info is intheloop.com. If you doubt my comments, ask EC. regards Fast Frank

To: G.T. who wrote (2838)	11/13/1998 10:13:00 AM
From: JP	Read Replies (1) \| Respond to of 4256

<<Diamond companies in the territories with drill probable billion dollar deposits are currently trading for only 4 to 5 times above the Alberta moose pasture stocks.>> 1) Tanquery (a sister company to Absolut) has found 13 pipes in the NWT and is trading at the 10-20 cent range. It is all Moose pasture until you prove up a commercial deposit. 2) Kennecott on the Legend block will be able to work with very low counts. The machinery and equipment available just down the ice road in Ft. Mac is some of the largest in North America. JP