GREY:MGMCF - Post by User
Comment by
shambano1on Oct 22, 2012 3:52pm
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Post# 20511184
RE: MGM Energy Corp. Announces $11.8 Million Right
RE: MGM Energy Corp. Announces $11.8 Million Right wow out of the blue new rights offering. I guess it's better than a bought deal at these prices because at least current shareholders and long term beleivers can buy in and continue with their same ownership interest.
on the negaive side, it's still more shares and we still wait for exploraiton success to change the course of our future.
good and bad but more good for long term shareholders
DYODD