ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00240

0.0%

Oct 14 3:02 PM EDT

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To: ~digs who wrote (11351)	6/10/1998 1:49:00 PM
From: StandFast	Read Replies (1) of 11850

all, Just finished talking to a few brokers on the trading floor at the power company, I work at. Asked them bout the price of gas and coal dropping. Their response was that due to the intense winter a year and half ago, everyone stockpiled resources to protect themselves from being short. The winter this year was mild, so they have been running off storage, which has caused the market to drop price. They are figuring the summer is going to be a killer and resource prices are going to skyrocket before the end of summer. I mentioned "Mountain Energy" and the resources in WV, all I can say is their eyes lit up and said they would mention it to the CEO as a possible source for resources. After talking to them, I got a real good feeling about where we are going! (JMO)

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