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


To: EubieV who wrote (3404)6/24/1998 4:29:00 PM
From: lazarre  Respond to of 11684
 
Eubie,

*********OT**************

Why am I not surprised your degree is in communications.
Good Post.

Great Night to Most All

L



To: EubieV who wrote (3404)6/24/1998 4:49:00 PM
From: Jgilbert  Read Replies (1) | Respond to of 11684
 
Back over from the AARP thread and trying to figure out what that post meant. As near as I can tell, if you put it in Peter Rabbit talk so that I can understand, the company is looking for good deals in real estate. WOW!!! Is that ever a unique and unbeatable strategy. This baby is going places if that strategy is put into place, yes, sir.



To: EubieV who wrote (3404)6/24/1998 6:14:00 PM
From: Janice Shell  Read Replies (2) | Respond to of 11684
 
MTEI is constantly keeping in mind the need to build a very strong property asset base prior to the beginning of the development and production of the selected properties.

I take it that by "development and production" they mean "exploitation". But I don't quite follow the argument. Anyone more familiar with practices in this sector care to help? To my untutored mind, it'd make more sense to buy some properties--in one place, close together--and begin operations. Then, with the revenues derived, to buy yet more properties, and so on...

Why not pay as you go? Where's the money for this "property asset base" coming from?

Once again: today's press release, while clearing up a number of issues, doesn't address a fundamental question: is MTEI planning to acquire property and lease it, or to acquire property and exploit it?