MTEI - Mountain Energy - No BASHING Allowed Message Board

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

MTEI 0.00400

-14.9%

Nov 18 9:31 AM EST

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To: MoneyBaggs who wrote (10971)	11/4/1998 11:09:00 PM
From: Little Engine	Read Replies (1) of 11684

<<<<Usleton said the company was able to make its claim that the properties held as much as $200 million in coal and natural gas based on hypothetical estimates provided by the West Virginia Geologic and Economic Survey, a state agency that researches oil, coal and gas reserves. But Steve McClelland, head of the services section at that agency, says the agency has no idea what sort of reserves are on any Mountain Energy properties for a simple reason: It has no idea where the tracts are located, nor has anyone at Mountain Energy offered to tell anyone at the agency where they are located. >>>>> I posted that information on June 15: #reply-4875817 . Too bad I don't do any DD... <g>

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