MGM Energy Corp MGMCF

need info to move SP up or, down

[shambano1]

but really when you think about what MGX already has in contingent resource for Natgas and the pontential for shale oil even if it will take another some time to prove and develop, buying at current prices effectively means that you are getting either the natgas assets for free or paying for the ghas and getting all future oil diswcoveries for free.

the other point to consider is that if the oil if there and in big quantities, then oil pipelines will get build and or expanded to handle the additional volumes and it begs the question, why not piggy back and also build an NG line besides the oil line to Norman wells and that would alsmost solve the stranded natgas issue in future years.

The northern gas will be developed, it's just  question of when?

when will shale run out, or more importantly when will shale get very expensive to explore and develop?

it's all economics 101, and MGM has assets that will be worth something in the future, it's jsut a question of how long into the future??

if you like the canol then MGM is a great price at 0.20.  Of course it's even a better price under 0.20 but will it drop below 0.20?

either way, we need some news, but DYODD