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 : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: BillQ who wrote (9852)6/8/1998 11:01:00 PM
From: V$gas.Com  Read Replies (4) | Respond to of 11850
 
Everyone,

Today we saw the daytraders get blasted. Expecting gigantic news, and boom, just
news of an acquisition. 8000 acres, if I remember correctly. What mineral resource is
under that acreage? It was not stated. Now just think for one minute. We know that
they have in excess of 10,000,000 tons of recoverable coal and 2bcf of recoverable
coal bed methane gas under 2600 acres. I am a landman in this industry and I can
guarantee you MTEI did not buy these 8000 acres just to enhance its acreage inventory.
My opinion, and this is my opinion only, is that this 8000 acres does contain significant
minerals, either oil & gas or coal or both. The people who held today are the ones who
will see the true value of this stock. This is way undervalued.

Regards,

Bob