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

To: Graystone who wrote (7885)	8/6/1998 12:20:00 AM
From: eric deaver	Read Replies (1) \| Respond to of 11684

<< Do any of you readers remember Mr. White explaining the valuation of assets in the Coal Industry, I think that after deaver straightened him out for you all, you became on oil company.>> I would like to see a post where I ever said MTEI would be a single resource energy company (especially oil from WV). I have always contended that it is my understanding that MTEI will exploit any and all economically viable resources for which they hold rights (coal, gas, oil, CBM, etc.) I have also contended (reasonably so, IMO) that MTEI should not commit to any particular course in how it will exploit these resources until they are identified and valued by Stagg/Dunn. Please show me where I stated differently. <<When Lonnie pointed out that there is no production of oil in the counties you have your worthless land in,>> Actually, Lonnie suggested that and I corrected him. <<well deaver straightened him out, you were actually going to be a gas company. >> Same as above. <<deaver seems to straighten a lot of facts out for everybody. He has all the reference materials he requires, and is quick to defend his beloved company against all comers, you should be proud of your "thread eric".>> Actually so do you, I get all my information off the thread. Of course I make the effort to go find pertinent information, but hey no big deal. <<His attitude has not changed at all upon learning of the halt, the SEC Investigation>> No my attitude has not changed. I have learned a long time ago that one should not get upset by things out of his control - I certainly can not control the SEC so why get upset? Now people like you, I have fooled myself into thinking I can actually influence the likes of you and yours with reason. Ergo, I get upset periodically when I realize I can not. So sorry. <<You shareholders have been the victim of a hype job, apparently deaver never noticed it, too bad.>> Yeah, wish I sold at $1.75. Didn't. Pump and dumpers are gone now. One of those things I can't control. <<So tell us again deaver, how MTEI is going to get a $10 margin on all their coal, while Arche gets $2 - $3, since you know so much about coal/oil/gas in WV, what is Arche doing wrong, why isn't their coal worth the same as MTEI's>> Actually until one knows the coal/overburden ratio one does not know the net value of the coal so one can not say what MTEI can net for the coal. Not a factor of Arch doing things wrong its predominantly a factor of how much overburden will need to be moved. As I said to WW, the way MTEI values the coal is outlined in the MAy 28th PR. IF one wants to value the coal in term of cash flow, one must provide a model on how to value the stock based on those numbers. Once again, you can argue the value of this coal and the figures they used in the PR but MTEI hid nothing. Dunn and SEC will be the ultimate say in this anyway. Don't remember where Arch reserves were anyway. Were they the ones you guys brought up with most of their reserves in the Powder River Basin? I think that coal goes for around $6.00 / ton. I think that was the apples to apples post. <<why isn't their coal worth the same as MTEI's>> Lots of questions at the end here, GRRAAYYYYSTTTTOOOONNNEEE. If I remember properly most of their coal was lignite coal. <<oh yeah, never mind, this isn't a coal company is it>> See above. Just one of those ideas you all will never get, huh? Have a great night, stone. Oh and how about the names of those people you think are paid posters? Eric