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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 (1698)6/17/1998 11:22:00 AM
From: Turboe  Respond to of 11684
 
Great post-- printing that one...



To: Tod C who wrote (1698)6/17/1998 11:24:00 AM
From: Jane4IceCream  Read Replies (1) | Respond to of 11684
 
Tod...

Awesome Post....thanks for taking the time.

How long shall it be before the nays attempt to take this apart??

Jane of California



To: Tod C who wrote (1698)6/17/1998 11:31:00 AM
From: sandstuff  Read Replies (1) | Respond to of 11684
 
Great post, Tod!

Also, I would like to add based from the May 28th press release...

MTEI expects 40% conservative net profit NOT 10% as some would have you believe. This because as a start-up with over 200+ years of experience, they know how to "pick and choose" the real gems out there and get the best ROI.

From the press release...

"Mountain currently owns 30 separate properties in West Virginia with approximately 1,300 acres owned in fee and an additional 1,300 acres of mineral rights. Reserve estimates by the U.S. Geological Survey (''U.S.G.S.'') indicate in excess 10,000,000 tons bituminous 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"...



To: Tod C who wrote (1698)6/17/1998 11:33:00 AM
From: Citidude  Read Replies (1) | Respond to of 11684
 
Tod, Absolutely INCREDIBLE!!! Folks, this is based on A LOT of DD by Tod.

IMO, as MTEI acquires more land, Tod will have a lot more recalculations to do. UPWARDS!!!!!!!

Chris



To: Tod C who wrote (1698)6/17/1998 11:36:00 AM
From: jhild  Read Replies (1) | Respond to of 11684
 
Tod C., I rarely say things like this, but that post is a load of rubbish, built as it is on your reliance on how the company would have you value it's assets. Preposterous is a word that springs readily to mind. You really should take a closer look at the numbers and assumptions that Wireless Wonk has presented. He makes a very compelling case for his calculations.

Of course his numbers are based on actual performance as opposed to what management is saying it will maybe do, so his result doesn't really make the fabulous point that you would forward.

For reference these posts are: #reply-4896762, #reply-4896830, #reply-4896905



To: Tod C who wrote (1698)6/17/1998 11:39:00 AM
From: RonH  Respond to of 11684
 
Tod, nice work. Now I have something I can work with and keep for future reference. Thanks for spending the time and effort. I am sure everyone who spends a little time reviewing the data you presented will be happy with the results of your labor.

rh