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


To: LionHeart who wrote (7898)8/6/1998 8:54:00 AM
From: jhild  Read Replies (1) | Respond to of 11684
 
What the company feels share value should be placed at, also where they feel share price to be at time of actually starting to getting the oil/gas/coal.

Sorry LionHeart, I couldn't let your bogus statement pass. The company can help determine share price by influencing value viv a vis earnings, asset acquisition, etc. But what the company feels the share price is supposed to be is irrelevant. The market determines that, preferably through even handed financial disclosure (none to date from MTEI) and announcements of material importance like actually finding resources on these lands that they are claiming.

The company doesn't set share price, at least not in this world. I suppose they can dream that it will be worth a lot, just like the rest of the shareholders, but that's about it as I see it.

It is perhaps this attitude that has led them to their current suspension of trading.