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

To: Blitz who wrote (4221)	6/30/1998 12:54:00 AM
From: Moonglow	Read Replies (4) \| Respond to of 11684

Thanks, Blitz! And although PETD is now back down to just below $5, the company is actually in better shape than ever. Back in October they had to issue some more shares or units....for acquistions, I think. Yes, I noticed that MTEI was into all three....oil, gas & coal! That's what first caught my eye. I know what good shape that PETD is in and I know they're mostly in West Virginia, so it sure sounds reasonable to me that MTEI can make a go of it and do at least as well as PETD. Even 1/2 as well would be nice. Did I mention that PETD had a NET profit of over $7 million in 1997? And they're still growing. MTEI is just getting started, but with the expertise of the people behind them, I think they stand as good a chance as any. But like I said once before....all this speculation...both PRO and CON is just that....speculation. Gotta give the company a chance to show what it can do. Cheers! Juanita