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


To: Steven Angelil who wrote (5535)7/20/1998 8:14:00 AM
From: Dixie7777  Respond to of 11684
 
Just for the bashers. The knife cuts both ways.

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To: Steven Angelil who wrote (5535)7/20/1998 6:06:00 PM
From: Tod C  Read Replies (1) | Respond to of 11684
 
Glad you're back Steve. We all came away from the meeting with the same impression of MTEI, and it's management and support team. They are truly good people with a vast amount of experience. Gotta hand it to Jack, bringing Winston, Quentin, Earl, and Richard on board was a major coupe.

Right now, we are investing in two things, MTEI management and potential. We could talk for days, and have, on the merits of each of these. Personally, with so many acuqisitions on their plate, I would love to see all manpower focused on acquisitions right now. As in the letter from President Jack Uselton, "Basic growth, in the oil business, means increasing the number of leases or properties in possession ... This is currently the thrust of Mountain Energy's activity simply because today's markets lend themselves to acquisitions." This corresponds to everything Jack has been saying.

MTEI is in acquisition mode and when the right deals present themselves, MTEI has the ability and resources to pull the trigger. MTEI has so many possibilities on the table right now, they can be choosey. What does that tell you about the industry? Some people may not know what they have or they may not have the desire or time to make other deals. Doens't make sense to most of us, but why do some people get tired of holding a stock and sell at a low only to see it go to new highs within a year? Mysteries of the unknown.

The facts are, MTEI can and will be acquiring leases and properties that they, in their vast experience, deem economically viable based on their own cost and risk-reward analysis. I think Jack and company are far more knowledgable in what they are looking for. You don't last in the O&G business for 50 years without a reputation for producing.

I would trust my money with MTEI long before selling this gem because of what certain shorters would have you believe was even halfway truth. Facts are, they have not called MTEI and will not call MTEI. They are only interested in misinformation, not the truth.

If you are not long on MTEI, you don't know Jack.
Uselton that is.

Tod