Montello Resources Ltd fka TSX:MEO

[pinkeyepete]

It looks like they are ready to punch through into the pressure zone, and you don't run 1 1/2 miles of casing down the hole if you didn't find anything. I'm betting they hit pay dirt, and before the well blows it's guts out they are casing it. Then it's a matter of how much more they can drill before we get a gusher under so much pressure they can't continue deeper. 400 barrels per hour would start ringing the cash register big time. $720,000 per day. 25% Montello intrest = $180,000 per day. 65.7 mil per year if it comes in at 400 per hour. Montello becomes a $6.75 stock at 15 times cash flow in 08.