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MGM Energy Corp MGMCF



GREY:MGMCF - Post by User

Comment by shambano1on Feb 04, 2013 8:50am
204 Views
Post# 20932857

RE: Canol exposure

RE: Canol exposure

I doubt very much that POU moved up because of their MGX shares, but you enver know.  i agree that Huskty and POU or other seniors that are exploring in central mackensie are safer bets, but MGM has much more upside on a percventage basis.

I don't have any problems with warning investors that MGM is a speculation play, it is, but I think most investors that are buying already know that it's a spec play and there is risk of losing money, maybe not 100% but possibley 30-50%.

the investors that are buying MGX are buying because they see a good risk/reward.  I have the risk reward ratio somewhere in the 60/40 -70/30 range, so you invest based on that and you ahve to be comfortable definitely.

But I get little upset when most of the posts are labeling some of us as promoting and hypeing, that is the farthest thing from the true, maybe are are concentrating on the positive aspects of this company and play but that is how we determine the risk/reward ratio.

in any case things should start to heat up a little as we get closer and closer to getting drilling data or if any signs from the drilling creates interest.

BEWARE, BEWARE, BEWARE MGX IS A SPEC STOCKS, BEWARE BEWARE BEWARE. LOL

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