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Re: oilin07 post# 10256

Wednesday, 11/12/2008 3:24:23 PM

Wednesday, November 12, 2008 3:24:23 PM

Post# of 155602
oilin07, I appreciate your optimism but I dont think MMTE is holding up well unless you bought in the last week.Yesterday I sold 4 million and took a major loss.You are assuming that there is oil and gas at Noble County and that Overcash is not drilling due to a lack of finances.As far as I know this is not a fact.I have tried to contact Overcash a few times with no success and I found the IR guy to be very rude and not very helpful.I invested in MMTE for the potential of Noble County and for there to be 3 months of complete silence on what is going on there, I consider to be a major red flag.Off hand do you remember for how long the leases are for and how much they are paying for those leases at NC? JMO

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