ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00240

-48.9%

Nov 3 10:00 AM EST

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To: eric deaver who wrote (11227)	6/10/1998 12:03:00 PM
From: DavidCG	Read Replies (1) of 11850

This is true, I'm not intentionally leaving out Natural gas or Coal However, I'd be happy to look at Natural Gas as well.. And that commodity is also trading lower today. Natural Gas is trading at $1.97 for the August contract (meaning what the market is betting the price of Nat. gas will be in August for those unfamiliar with commodities) Natural Gas used to be $2.50 - $3.00 Give Mountain Energy a call and ask them at what price does drilling become unprofitable? Coal, I haven't a clue what that goes for these days... not a commodity traded on the open market. Anyway, my point is, you can't control the future price of energy, and neither can ICVI. Prepare to accept this reality. I faced it with gold mining stocks and it wasn't pretty. -DavidCG

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