SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.004300.0%Jan 8 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LT who wrote (3930)6/27/1998 11:45:00 AM
From: LionHeart  Read Replies (1) of 11684
 
The Corvette to land comparison was an example of it's not what you paid for it but what the worth is. Someone stated MTEI book value is what the land is worth, as of now yes. This means nothing to me, as I await for good reports from Stagg.

The Corvette is not worth much to someone who can not drive.
The land is not worth as much to someone who can not extract all the resources.
Well MTEI can/will extract the resource, hence it being there, thus making the land worth more and deleting "book value" based on what was paid for the surface acres itself.

"Fair market value" will show from this +/- current.

The current price is only .40, and where it should be prior to breaking ground.

LH
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext