Mcf Energy Ltd V.MCF

2nd OilPrice.com story on MCF in a Week?

[Tangier2]

OK, OilPrice.com came out with a second article on MCF in the last 7 days.  It has a huge information overlap between the two stories and is beginning to smell like a pump and dump.  Much of it is right off their website presentation. 
Buyer beware.

https://oilprice.com/Energy/Energy-General/Two-Countries-That-Could-Break-Putins-Gas-Grip-On-Europe.html

[Spos01]

Well you might be right. However without the article I likely never hear if this opportunity. I did my own DD now and it definitely seems like the risk reward us worth it. Perhaps  their article has opened other investors eyes. 

[Tangier2]

If they put money into drilling and not advertising their intentions and were successful, then they would have a solid success that would do the marketing for them.  Investors are accepting what the company said is all true: that wells from 40 years ago did indeed flow at rates they claim.  Why have these leases sat idle for many years if they were known, and why didn't the previous

[Singoa58]

The story has run out of steam so the AI will have to do more creative writing... best avoid penny stocks promoted on oil.com  as they are geared towards gullible retail investors... run run run 

[Singoa58]

It's totaly a pump and dump... I ended up seeing these articles on various other sites a clear sign of a pump and dump... I sold my position with pretty much break even ... good luck but smells fishy

[DocPat]

Or, ..  they are drilling a well that might be the beginnings of proving up a TCF of natural gas. Don't get me wrong, if you can believe poster, management has been creaming this thing .. but that said, not the only company to do so and if they prove it up, a drop in the bucket. The keay is proving it up. Things should get interesting by the end of the month. All IMHO .. DYODD. Doc.

[BebeRebozo]

man the nonsense being spewed here is just nuts and smells like someone is short... why were these sites left dormant for so long?  Because prices were low, and then the Green movement made natural gas "bad" in Europe, until they realized that they need it to survive, at which point this happened: https://www.forbes.com/sites/arielcohen/2022/01/04/germany-and-france-clash-over-eus

[Tangier2]

I've fallen for stories similar to this several times over the 30 odd years of investing and can spot a red flag much better these days and have scars to remind me.  I consider my losses as "tuition" for learning a hard lesson.  Just becareful and don't put too much in this one.  GL.

[BebeRebozo]

Thanks for your input.  Why do you waste time telling people to stay away from stocks you don't even own any more.  Sounds fishy.

[Tangier2]

I came across this company last week and have been researching it.  I watched several interview videos, then yesterday I saw all the stories that OilPrice.com had on this and my heart sank.  I just wanted to post what i found with the multiple articles all saying the same thing or lifted from their website.  I realized OilPrice was not an independent oil sector site.  They are

[Spos01]

Having been also invested over 30 years I have come across some dubious management ( in Cannabis for example). So I've learned to have multiple sources of info. I would expect with a micro cap such as this people are doing  the same. I also have only a tiny fraction of my portfolio in this. So if it does go south the impact is minimal. Any smart investor should be doing  the same.