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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.002400.0%Nov 3 10:00 AM EST

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To: Richard B. Haenisch who wrote (4267)6/30/1998 1:04:00 PM
From: LionHeart  Read Replies (3) of 11684
 
$$$ FOR THE NEW PEOPLE -Time to- GET EDUCATED ON MTEI $$$

STAGG REPORTS ARE COMING - STAGG REPORTS ARE COMING

1) Below is based on the 2600 acres ALONE.
2) MTEI has rights to 8000 more acres and are
3) acquiring more as we speak.
4) Conversations with this company are getting more impressive
each time.
5) Bashholes, thread lice, whatever, are here trying to keep you from buying. It's one of the best signs for a excellent sleeper stock like MTEI. DON'T LISTEN TO THEM, THEY KNOW THE VALUE AND ARE PAID
TO KEEP IT DOWN SO THEY MAY BUY MORE AT CURRENT PRICES


By Blitz:

Re: Stagg Reports & MTEI's Value They wouldn't say when they would be done but
it's not going to be finished overnight. They are evaluating LOTS of land, and
we want them to take their time, the report is important, and must be
accurate. The beautiful thing is this: The U.S.G.S. puts MTEI's coal reserves
at around 10,000,000 tons, now, as a matter of fact, the U.S.G.S. has
historically been known to underestimate by as much as 60 to 75%, that is not
a mistake, 60 to 75%. Worst case scenario is 10,000,000 tons, which translates
into about $100,000,000.00 or $1.43 per share so far...
>
Next scenario is 16,000,000 tons, which translates into about $160,000,000.00
or about $2.29 Best case scenario, is 17,500,000 tons, which translates into
about $175,000,000.00 or about $2.50 per share. That is just the coal that we
currently have. MTEI is in the process of acquiring other energy companies,
and other pieces of land. OK, so just the coal, can bring up to
$175,000,000.00 of value to our shares, which could be as much as $2.50 so
far... Also, Eastern US coal can demand prices of up to $75 per ton, as stated
by Stagg Engineering, depending on it's sulfur-content and BTU level, but we
will underestimate here. OK, that's anywhere from $1.43 to $2.50 per share so
far... Now, the U.S.G.S. also estimates there to be 2 billion cubic feet of
coal methane gas. Again, we could have anywhere from 2 billion CF, to 3.2
billion CF, to 3.5 billion CF. This gas currently sells in excess of $3 per
1000CF (possibly $5 w/ the alt. fuel tax credit). Worst case scenario would be
2 BCF, which would add $6 to $10 million, which is an added share value of
$.09 to $.14 Next scenario, would be from $9.6 million to $16 million for 3.2
BCF, which would add from $.14 to $.23 to the share value.
>
Best case scenario is $10.5 million to $17.5 million (w/tax credit) for 3.5
BCF. This would add anywhere from $.15 to $.25 value per share. So, the gas
part of our value can add anywhere from $6 million, up to $17.5 million, which
would add an extra $.09 to $.25 value to each share. Now, we have a possible
share value of anywhere from $1.52 to $2.75 per share. This is NOT counting
ANY of our oil reserves, or any other land we might have acquired or will be
acquiring in the future. This also does not include any value that will be
added via acquisitions/mergers with other companies that are already
producing.
With this said, I am VERY comfortable with my investment, yes, even
though we're at these levels right now, when the true value is shown in the
price of the stock, EVERYONE will be happy.

LionHeart
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