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


To: Jesse who wrote (3016)2/5/1999 6:06:00 PM
From: griz  Read Replies (2) | Respond to of 4256
 
Jesse,
Yes I think the news release could have been better worded. It seems that a lot of people picked up real cheap shares of MEO because other people panicked. Hopefully the shares went to stronger hands.

The lab in Thunder Bay belongs to kennecott. As well the news release was in kennecotts words, it states its verbatim.

In my humble opinion the next four to six weeks should have some very interesting news from MEO as well as the other jr's in the Alberta diamond play.
later,
griz



To: Jesse who wrote (3016)2/5/1999 6:06:00 PM
From: JP  Respond to of 4256
 
Bottom line is that it was a badly done NR -and Thomas admits it. But the stock price makes no difference these days since it will not move until the diamonds are found -or else because of Calling Lake -which they did seem to spend time writing the NR. JP

PS Considering the number of shares traded -the stock is pretty solid.



To: Jesse who wrote (3016)2/5/1999 7:25:00 PM
From: Ned Land  Read Replies (1) | Respond to of 4256
 
Y'know Jesse, that's a really interesting thing.

At first read it seems as though there's no diamonds for the entire longitudinal dimension of the pipe. Why is the depth at which kimberlite is encountered and drilling terminated relevant to microdiamond results?

A much more impressive yardstick, I would suggest, is the weight of the sample. Instead, we get this intriguing intersect-to-termination discussion and a explanation that "about" 10 percent of this constitutes the reported sample. Weirdo!

For Valkyrie, for example, this means a 71.8 meter sample, with an overall volume of 2.7 feet cubed. Yeah, OK. What does this mean?

All I know is that company is redoubling its efforts on the Legend property, and a few people picked up some cheap stock today.