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

To: ddl who wrote (3062)	3/4/1999 10:07:00 AM
From: JP	Read Replies (1) \| Respond to of 4256

<<Jp, why do you think being close to ACA is good!! >> ACA has not found a commercial pipe -BUT they have found diamond bearing pipes. Diamond bearing pipes come in clusters and the closer you are to one -the higher your chances. Why do you thing everyone is looking for more good pipes up in the NWT in the same vicinity as the two new commercial mines -it is because they are more likely to find something there. This is why on the Marum thread I pointed out that if Absolut has pipes it is better for Marum. It will put known pipes closer to where they are looking which in turn raises their odds. This is a very basic premise of both Gold and Diamond mining. JP PS -there is nothing wrong with Ashton -they are out looking for 25 more pipes this winter. It is not their fault that the ones that they have found do not have commercial diamonds. They could still find the motherlod tomorrow -same as Montello, or ACA. Who knows maybe Marum might even find something -although if they don't -they have not pointed out PLAN B and they have limited land holdings. MEO and ACA still have massive unexplored Real Estate. I have always claimed that the first prerequisite is location and the second is land holdings. Nothing has changed -except the market.