Charles Taylor Group Plc V.MQL

RE: Read this Closely ...

[whoa_rimcheese]

The talent of so much oil and gas management in Calgary is laughable - when natural gas was $7+, they were all hot shots - many are getting absolutely destroyed in the current NG market. Guys once considered hot shots and movers and shakers are seeing 80% losses on their NG weighted companies. Unless a company has quality OIL ASSETS, they will likely not survive. Check out the underlying price forecasts for those NPVs - often a year or two out it is like $4-5 gas....hahahhahaa. Even current year, I see $3.50 gas. Companies are getting less than $3 now in Alberta - do you realize this IGSMAN. That means 60% of Marquees production is not sufficent to cover capital costs. If Marquee hits natural gas weighted wells going forward - I will be here to turn out the lights. It is bad, bad, bad out there for NG companies. All are now shifting focus to "oil and liquids" - funny - why weren't they doing that two years ago....smoke and mirrors man - they are finding small oil pockets on their existing land to keep the shiit afloat. And then they lump in oil AND LIQUIDS together. Well - NGL go for $60 or less a barrel - not so hot either. I suggest to everyone - find oil weighted plays with strong land positions.  These MQLs are a dime a dozen - on valuation metrics there are many like it......they are NOT undervalued.

With $7 NG, you could have a block of cheese run these companies and they would be successful.....not so now......