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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: RavenCrazy who wrote (3948)5/28/1998 9:55:00 AM
From: Currency  Respond to of 11850
 
Resistance is futile. Ask is moving up. Now .58



To: RavenCrazy who wrote (3948)5/28/1998 9:58:00 AM
From: dwlima  Read Replies (2) | Respond to of 11850
 
this demonstrates what i have been said all along...market value is market value. the market value of a $100M asset means that someone would be willing to pay $100M for the asset...the $100M is what the un-excavated coal is worth...it would be dishonest and illegal to state that coal in the gorund has a value the same as finished product coal.

<<This low sulfur, low ash content, high BTU, clean burning currently sells for $25-$28 per ton. With cost of mining and transportation estimated at $11-$15 per ton, this will show a $10 per ton conservative net profit, (representing maximum cost to mine and minimum selling price), providing net asset value in excess of $100,000,000, with a potential of $170,000,000. >>