Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: V$gas.Com who wrote (3838)	6/26/1998 10:31:00 AM
From: Blitz	Respond to of 11684

Thanks Bob for the answers Let's post so everybody can see... My questions are in italic, Bob's answers are in bold. 1. Why would MTEI acquire property, unless they were sure they could turn a profit, after all the associated costs? They wouldn't 2. Isn't it true that there are many major oil fields that were pumped by the big firms, i.e. Texaco, Amoco, etc., and they left behind some oil? Yes 2b. Isn't it true that, to the big boys it's small potatoes, but to a smaller sized company like Mountain Energy, it can prove to be very profitable? Yes 3. Aren't there lots of oil fields that were drilled a long time ago, using old technology and old equipment, and with the new technology and tools, there is much undiscovered oil to be found and extracted, due to the new technologies? Yes