ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00400

-14.9%

Nov 18 9:31 AM EST

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To: justaninvestor who wrote (2642)	5/25/1998 4:39:00 PM
From: hoffy	Read Replies (1) of 11850

>>><<How did they come up with the $200,000,000 figure? Is that what all of the resources would be worth if they can get them out of the ground? And who valued the resources at $200,000,000. (oops, that's 2 questions)>> This is the value that the United States Geological Survey (USGS) has said the reserves are worth.<<< ===================================================== Thanks, that is what I thought. That makes me a little leary because even though the resources are there we didn't here anything about how quickly they can be taken out of the ground. And can they be profitable doing it. I am not being negative but I am just doing some DD before I get back into this stock.

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