RE: i would say we had a good day MGM is the only way for most retail investors and even institutional investors to play the Canol and get a return based on good drilling results. Sure they can buy the seniors but any news will not really impact their shares in any significant way, but good drillign results will generate exceptional returns with MGM, bottom-line.
Actually I'm quite surprised that we didn't break above 0.35-0.36 or close above but that was the 2 year high and I guess we need to consolidate a little first.
I can see many many more up days ahead just on that one simple principal, Canol=MGM and MGM=Canol.
If you want exposure to Canol then buy MGM, if you buy MGM you get 100% exposure to Canol because that is all they are drilling.
MVP is 10 years out.
so sit back, and wait for results because nothing is gogin to shake me from this MGM tree.
DYODD