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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00400+66.7%Nov 18 9:31 AM EST
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To: Forest Gump who wrote (5184)7/14/1998 10:53:00 AM
From: V$gas.Com  Read Replies (2) of 11684
 
Well guys and gals, I was impressed. As you can see by the massive volume in mtei this morning none of sold a share. At dinner last night I think it became abundantly clear from all seven of us that this company is for real and will be around for some time to come. The Stagg reports will put real numbers where speculation has been. These reports will be forthcoming, probably the first to be released in two to three weeks, and then the rest over the next couple of months. As title to the lands are being proved up, Stagg is doing their reserve studies in that order. MTEI is currently evaluating many reserve acquisitions and when the right one comes along they will be able to react quickly. At this time reserves are cheap and MTEI is in a very good position to acquire the appropriate properties that would fit it's area of expertise.

These guys are strong oil & gas men and do provide the foundation for a strong independent oil & gas company. They have only been in existance for six weeks and from what I could tell are leaps and bounds ahead of any other start up company. I am leaning toward divesting all of my other holdings and investing only in MTEI.

Regards,

Bob
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