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

To: Shaun who wrote (5305)	7/15/1998 1:32:00 PM
From: Forest Gump	Read Replies (1) \| Respond to of 11684

Actually, root for them to stay down for a while. It's this part of the cycle that is giving MTEI fire sale acquisition opportunities. They will still make money off of the resources extracted because their GA and lift costs are much lass than the big boys. Basically, once they tap the reserve they have buyers who come and get it. With natural gas it is a sellers market. Also, always remember that the land they have now is not about crude oil but natural gas and as a sidebar coal. Crude is a dirty business with a much higher overhead and much of todays fuel consumption is turning towards natural gas. These guys are going with the trend and they are sharp