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 0.00400+66.7%9:31 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: eric deaver who wrote (4795)7/8/1998 1:56:00 PM
From: Little Engine  Read Replies (4) of 11684
 
Visits don't prove much. Read the FAMH thread some time.

Nice, glowing reports on the firm's nice, glowing offices, how busy they seemed, and how impressive management appeared to be. Meanwhile, the CEO was printing millions of new shares while hype temporarily kept the price up.

Now look at the FAMH chart. So much for the great visits. Scammers get visitors too, so what?

The question is not if the offices are well-paneled, or if Jack is a nice guy. I'm sure he is. The "proof in the pudding" would be actually selling their vast resources and turning a profit. As Tom pointed out, it doesn't matter how much coal there is in West Virginia -- only a tiny percentage is actually being mined.

You need markets for the coal, oil, etc.... assuming they have oil... is the acquisition of the wells still a rumor?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext