MTEI - Mountain Energy - No BASHING Allowed Message Board

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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed

MTEI 0.00360

-20.0%

Jan 26 12:07 PM EST

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To: jhild who wrote (5638)	7/21/1998 1:40:00 PM
From: eric deaver	Read Replies (2) of 11684

Jhild, "Overlooking for a moment the lower estimate of current prices for this gas given recently and even accepting that they could even net the $10M, that seems to provide only a base benefit to the bottom line of $10M spread over the next several years." You made the same mistake again that all of you guys have been making. I repeat - COAL BED METHANE IS NOT THE SAME AS NATURAL GAS RESERVES. The natural gas reserves will be additional to anything previously identified in any press release and IMO will be substantial. Also these reserves will be easily extracted at a large margins (i.e., 28-45% operating margin). Please don't make this same mistake again. I am tired of typing the same information. Eric

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