MGM Energy Corp MGMCF

What is MGX PR Strategy?

[Dringwinzee]

I am going to call MGX today to see what their IR Strategy is?

Is it to stay quiet until they have achieved a significant portion of their drilling program?
Is it to keep SP low, not much volume and insiders already have a large stack of shares purchased at much higher costs.

Is it because the Koreans have invested in MGX northern asset and may be interested in this drill program?
Is there more news coming because silence right now is like a tight hole where no news out is the rule until more information comes in. If MGX connects here, their SP will rocket.

I have drilled in the Norman Wells field in the past and if the formation is anything like the Norman Wells field, drilling to the TD depth they are going for does not take long. Add to that, new frac technology has made finding oil that used to be marginal much more economic, so this play is a big IMO...maybe that is why they are keeping the lid on this. But there must be other factors involved.

Once I hear back I will let fellow SH watchers know what I find out....stay tuned....Today, so far was a good day for me to continue accumulating.