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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: Tod C who wrote (1395)	6/16/1998 10:51:00 AM
From: jhild	Read Replies (1) \| Respond to of 11684

Well Tod C, now that you have brought up your analysis again let's take a real close look at it. First of all that alleged $2.85 per share book value is nonsense. It's based on an estimate of what may be in the ground. Second there is no estimate at all about the costs of exploitation and recovery. If it cost more to get it out than what it is worth once it is out, then it's really worth ZIPPO. It is irresponsible of you to continue to offer this $2.85 per share book value as fact. It is not. Not even the company makes the claim that they have a book of $2.85 per share, they at least know better. To then compound your error by extending that to the 8,000 acres they have allegedly purchased, is wholly fallacious. Since there is no information about where any of these properties are located (not just their counties) then there is really no effective way to know what resources may be on the site or if any thing there is even recoverable.