MGM Energy Corp MGMCF

RE: RE: RE: RE: RE: Executive Options Exercised

[shambano1]

time will tell if any senior executive sells their shares but again their history suggests that no one will sell any shares in the short term.

the markets are in a down draft at the moment for a few reasons, but MGM is not really tied to general economic trends, and the results of their drilling program will dictate the direction of the our SP.

good produciton numbers (50-100 barrels)  from 1-2-3 zones will mean success, (25-50 barrels) will mean still techincally feasibile but maybe more work required to fine tune, (0-25 barrels) will raise questions and doubts.

MGM is still the only way to play the canol shale resource that will result in large returns on investment if the play is successful.

DYODD