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MEG Energy Corp T.MEG

Alternate Symbol(s):  MEGEF

Energy Oil & Gas E&P
MEG Energy Corp. is a Canada-based energy company focused on sustainable in-situ thermal oil production in the southern Athabasca region of Alberta, Canada. The Company is engaged in the development of enhanced oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the responsible economic recovery of oil, as well as lower carbon emissions. It transports and sells thermal oil (AWB) to customers throughout North America and internationally. The Company owns a 100% interest in over 410 square miles of mineral leases in the southern Athabasca oil region of Alberta, Canada and is primarily engaged in sustainable in situ thermal oil production at its Christina Lake Project. Christina Lake Project is a multi-phased project, located 150 kilometers south of Fort McMurray in northeast Alberta. It comprised of approximately 200 square kilometers of leases.


TSX:MEG - Post by User

MEG Energy Corp
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Post by energconsultanton May 10, 2017 8:41pm
62 Views
Post# 26229093

come on gashole...LOL

come on gashole...LOLyep, $5 billion in debt... but the real hilarious part is.... the operation has been a dismal failure... losing money qtr after qtr.... the $5 BILLION they spent to build the faclities was flushed down the toilet.... that is because MEG is a money loser...LOL

you dummies own an ultra high leveraged money loser...LOL  you shareholders are not a very smart bunch...LOL

just watch as this junk stock heads for a dollar in the yearpreceding big repayment obligations... no wayy in hell MEG can hope to repay $5 billion.... and only complete fools would not realize this.... then again... this board is littered with big dummies...LOL

shambone.... he bought MEG years ago at $35.... he has run away ...LOL... now his shares are not worth the commision costs to sell what he owns...LOL  his $35 stock is now $6...LOL

but worse that dummie owns PMT for many years.... he is in that one at a cost base, post roll back of $100 a share... it is now $1.60 ish....

yes shambone was a big chearleader here... like eigen is now...LOL  but in time eigen will lose all his money too... and he too will run from the board...LOL

I love watchin fools lose money...LOL  

yes, shambone... he was real DUMMIE...lol  a big time dummie
Bullboard Posts
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