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


To: violetta martinez who wrote (3029)2/6/1999 12:18:00 AM
From: chummer  Read Replies (2) | Respond to of 4256
 
Hi Violetta,
I'm finally rid of the ADP, enough average downs!
Boy does it feel good to be rid of this play, too much stress here.
I put my remaining capital in Winspear,
lots of promise here(I know, we've heard this before!)
Time will tell.

Good luck,
BB



To: violetta martinez who wrote (3029)2/6/1999 3:52:00 AM
From: Ned Land  Read Replies (2) | Respond to of 4256
 
Have to admit I'm getting tired of averaging down.

I hear ya, Violetta but don't give up hope.

Part of the reason -- I think -- this thing keeps sinking lower is that people unfamiliar with diamond exploration have unrealistic expectations.

In the final analysis, the only thing that counts is whether one finds a commercial deposit and, currently, MEO has been as successful as any other ADP player has been in this regard.

It's unprecedented in diamond exploration history for a kimberlite province as large as this one is not to have a commercial pipe. Each "barren" pipe makes the process of discovery the viable one(s) close.

Off to bed!



To: violetta martinez who wrote (3029)2/6/1999 7:47:00 PM
From: JP  Read Replies (2) | Respond to of 4256
 
<<It's MEO's turn to get the drills moving.>>

That is exactly what they are doing. JP