Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: gordon m. who wrote (2910)	11/27/1998 1:38:00 PM
From: JP	Read Replies (1) \| Respond to of 4256

<<JP - Are we due for a NR soon ?>> Thomas says sometime soon but my guess would be next week. JP

To: gordon m. who wrote (2910)	11/30/1998 4:15:00 PM
From: JP	Read Replies (1) \| Respond to of 4256

This is the jist of it. Looks pretty good for the next six months with a good flow of info. JP <<Two new kimberlites were intercepted, Xena and Legend. Encouragingly the last three kimberlites are under much shallower till cover and they will be easier to test if they return good caustic fusion results. The 1998 program was successful in intersecting kimberlite in seven of the eight targets tested. There are many more geophysical anomalies of similar tenure that will require testing in 1999. The current plan is to begin follow-up geophysics in January and begin drilling at the same time. The complete caustic fusion results for the 1998 discoveries should be available at this time as well. The strategy is still to obtain a large inventory of separate kimberlite intercepts. The more kimberlite intercepted will increase our chances of an economic discovery and will help us understand this kimberlite field.” >>