MGM Energy Corp MGMCF

RE:RE:RE:Mr. Riddell you can do better than that

[ferret_ca]

riddell and pou already made a killing on mgm back in 2007 when they spun it out for over 20x what it now trades at, lol. now he gets to buy it back for somewhere between .15-.20 , mgm doesn't have much choice.riddell is very smart and is actually doing mgm a huge favor by setting a floor for mgm share price. he will not overpay though, you can take that to the bank.

all the big players in the canol seem to be happy with the land they already have (husky, cop, imperial etc.) the lands that have been drilled, if they are under and sdl (significant discovery) status, as some of ifr's are, the land does not expire. also the lands that do not have sdl's do not necessarily have to be drilled, only a certain amount of money spent within 5 years (it is not a huge amount). probably a good buy at .15 or so. those looking for the fast money will be heading for the hills  lol.

cheers and gl  ferret