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


To: eric deaver who wrote (7202)7/30/1998 6:02:00 PM
From: Alastair McIntosh  Respond to of 11684
 
eric - thanks for the link. Do you know which of these references are for companies extracting CBM without an operating mine? I am trying to get an idea of current production of CBM not produced in conjunction with operating mines.

Al



To: eric deaver who wrote (7202)7/30/1998 7:13:00 PM
From: Q  Read Replies (1) | Respond to of 11684
 
Here's something interesting posted by Tarot on Raging Bull

WILL SOMEONE PLEASE POST THIS ON SI THREAD:

I can confrim everything that was said in this post. I contacted the Harris County COurt today, and they faxed me the court file of the lawsuit. The
suit was filed on July 15, and the next court date is August 3. The defendant is John Christensen, and there are a total of 11 defendants. The
companies named are as follows:

Karvi Corporation (foreign)
American Registrar & Transfer
Market Formulation and Research
C Saw Investments LTD.
Growth International
MLJ Management (New York)
Rampart Securities Inc.

Not sure who the others are, but one thing is ABSOLUTELY for SURE: MTEI is clean as a whistle in all this, and the only thing we have to worry
about is how much damage was done, and how it can be repaired without us taking a beating. Seems to me MTEI by issuing a restraining order
(which they clearly did in the court document), in effect alerted the SEC to halt trading. I don't think MTEI realized that by restraining Christensen
and gang from selling anymore shares they would also bring a halt to ALL trading until this can be cleared up. My only remaining question is why the
SEC keeps referring to mineral rights in the PR's. Whatever, the bottom line is ICVI issued ILLEGAL shares, and the thing now is to get them and
cancel them, or force a buy back, and that shouldn't be too hard IMO, because with all the false companies they are involved in, it's a matter of
confiscating ALL their assets and forcing a buy-back. Gort, Christensen and the rest are without a doubt going to see jail time IMO, and I believe
when the smoke clears, we're gonna see our money PLUS profits real quick.

Tarot



To: eric deaver who wrote (7202)7/30/1998 9:32:00 PM
From: Lonnie A.  Read Replies (1) | Respond to of 11684
 
Eric, I'm not saying CBM doesn't exist because it does. All I'm saying is that in most cases it isn't profitable for a company, especially a coal company to prospect and drill. I'm not an engineer, and I don't consider myself an expert, but I've been around this stuff all my life. I started working at a mining company when I was 16 (I lied about my age, fed. law required you to be 18) Does that make me an expert? Of course not, but you need to read your link a little closer. The USGS would encourage you to drill for maple syrup if they though you would. Yes in some cases CBM can be successfully extracted from coal beds, but believe me when I say if the choice is between coal and gas, (especially in WVA) then the coal will be mined. Hey, to each his own. I'm not trying to say this company is scamming you, I was simply commenting on the fact that the header is full of crappy info about cost per ton, transportation costs, coal reserve valuation, etc.

Don't shoot the messenger, Please

Lonnie