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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00400-7.0%Jan 12 2:37 PM EST

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To: Moonglow who wrote (2625)6/21/1998 9:36:00 PM
From: Little Engine  Read Replies (3) of 11684
 
When I contacted the State of West Virginia (Geological Service), they said that they hadn't talked to MTEI at all.

Since the state will gladly tell them the extent of minerals under their land... why haven't they asked the state to do so?

A previous poster (maybe he received a death threat and left) noted that the estimate likely did not come from the USGS; rather, he said, the practice is that companies get mineral deposit maps from the USGS and then make the estimates themselves.

This would answer the question of why they need to bring Stagg Engineering in to get a reliable estimate.

If indeed, the company is making their own estimates, then all the information people are using to hype this stock is coming from the company.

The company thinks you should buy more stock. What a surprise.

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