For the last 30 calendar days, insiders have not reported selling even ONE SHARE!!

However, in the last 30 days in which reports have been done---insiders have accumulated OVER 6 MILLION SHARES!!!!"

[Actually, they have accumulated over 6 million options. Still, I find this activity to be VERY evcouraging. Perhaps our patience will be rewarded soon. - Panamax]...........

"TRULY---A MONSTER POSITION FOR THESE MONSTER WELLS!! GO MEO!!"

"Montello Resources Ltd. (MEO) As of January 9th, 2008
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Dec 02/07 Nov 26/07 Tyrkalo, Dwayne Samuel Direct Ownership Common Shares 10 - Disposition in the public market -26,000 $0.170
Dec 02/07 Nov 23/07 Tyrkalo, Dwayne Samuel Direct Ownership Common Shares 10 - Disposition in the public market -49,000 $0.170
Nov 20/07 Nov 16/07 Davis, Marc Lawrence Direct Ownership Common Shares 10 - Disposition in the public market -107,500 $0.200
Nov 20/07 Nov 14/07 Davis, Marc Lawrence Direct Ownership Common Shares 10 - Disposition in the public market -92,500 $0.200
Nov 20/07 Nov 14/07 Davis, Marc Lawrence Direct Ownership Common Shares 51 - Exercise of options 200,000 $0.110
Nov 20/07 Nov 14/07 Davis, Marc Lawrence Direct Ownership Options 51 - Exercise of options -200,000 $0.110
Nov 05/07 Oct 30/07 Davis, Marc Lawrence Indirect Ownership Options 50 - Grant of options 1,000,000 $0.210
Nov 05/07 Oct 30/07 Cawker, William Indirect Ownership Options 50 - Grant of options 4,625,000 $0.210
Nov 05/07 Oct 30/07 Tyrkalo, Dwayne Samuel Direct Ownership Options 50 - Grant of options 1,000,000 $0.210
Oct 30/07 Oct 19/07 Dow, Joseph Direct Ownership Common Shares 51 - Exercise of options 11,500 $0.110 "