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Microcap & Penny Stocks : ICVI (now MTEI)
MTEI 0.002400.0%Dec 8 11:13 AM EST

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To: Pepper1 who wrote (2427)5/23/1998 11:31:00 PM
From: justaninvestor  Read Replies (2) of 11850
 
Simon:

<<We need to compare ME's story against other independent source.>>

The independent source is the U.S Geological Survey, the organization that audited the reserve estimates. Now unless you think that the company is lying in saying that the USGS did the audit, what more info do you need?

Simon, and I mean no disrespect, perhaps this isn't the best stock for you. This is a 53 cent stock that is just starting to get some public awareness. There are a lot of unanswered questions: funding to drill, pipeline availability/capacity, price of natural gas, environmental concerns, etc. But you know what? By the time these questions and others have been answered in a satisfactory manner (hopefully!), the stock will be trading at its true value - which will be a lot higher that 53 cents!

Sometimes you just have to go with your gut, but if you're feeling queasy about it, maybe you should move on.

Regards

bbruin
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