GREY:MGMCF - Post by User
Post by
glaciermanon Sep 06, 2013 9:35pm
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Post# 21724252
RE: My response
RE: My response WOW...where have you guys been all summer. I'm glad cottage season is finally over. Lots of good points but let's expand on #6.
I noticed subtle differences in the language to shareholders:
Q1 2012...we are actively looking for a partner to share the risks of this play. (de-risk)
Q2 2013...we expect to begin a formal search for a partner to help us exploit our assets
A year ago, MGM wanted a farm-in partner to drill and finance some wells to prove-up the play. Now they know they have ASSETS thanks to Shell and it's time to exploit or SELL those assets to the benefit of us long-suffering shareholders.